By using listing and trading rules to direct capital into sectors that fit his priorities, the president wants the market to serve the state ( read original story ...)
Alibaba’s (NYSE: BABA) Logistics Arm, Cainiao, Could Be Set for an IPO
Chinese giant Alibaba’s (NYSE: BABA) logistics unit, Cainiao Network Technology Co. is planning an initial public offering (IPO) early next week, according to a Bloomberg report. This could be the ... ( read original story ...)
Hong Kong’s IPO environment toughest in over a decade, as rising interest rates, banking tumult, economic slowdown weigh: Deloitte
Hong Kong’s public fundraising environment is at its toughest in over a decade, as the global banking turbulence, high interest rates and slow recovery pace of mainland China’s economy bruised ... ( read original story ...)
Shanghai Pledges to Treat Foreign Financial Firms Fairly Ahead of 10th FTZ Anniversary
(Yicai) Sept. 22 -- Shanghai aims to further ensure foreign financial institutions are treated equally to domestic ones ahead of the 10th anniversary of the China Shanghai Pilot Free Trade Zone. The local government issued a document yesterday to urge financial administrations to treat offshore financial enterprises fairly. ( read original story ...)
Ethereum’s Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said. ( read original story ...)
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Asian shares were mixed on Friday after another slump on Wall Street driven by expectations that U.S. interest rates will stay high well into next year. Hong Kong and Shanghai advanced while Tokyo, ... ( read original story ...)
China’s yuan bounces on state bank support, offshore tightness
SHANGHAI/BEIJING: China’s yuan bounced against a buoyant dollar on Friday, underpinned by state bank support, further strong fixing guidance by the central bank and signs of liquidity tightness in the ... ( read original story ...)