SAYS ITS SHANGHAI IPO 3,740.09 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/2NZAhY3 (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
China’s Shenzhen rises nearly 2% as mainland stocks build on Monday momentum
Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shenzhen component jumping 1.717% on Tuesday. ( read original story ...)
High-ranking bank official stands trial for taking bribes
Gu Guoming, the former Party secretary and president of the State-owned Industrial and Commercial Bank of China's Shanghai branch, stood trial on Tuesday for allegedly taking bribes amounting to 136 ... ( read original story ...)
Stock Market Today: U.S. Stocks Grab the Baton From China
A surge in Chinese equities, as well as a massive improvement in services-sector data, lifted U.S. stocks and sent the Nasdaq to new highs Monday. ( read original story ...)
Shanghai jumps nearly 2% as it builds on Monday momentum
Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shanghai composite rising 1.81% in early trade ... ( read original story ...)
China’s Stock Market Just Entered Bubble Territory. The U.S. Could Be Next.
Those gains were paltry, however, next to China’s Shanghai Composite gained 5.7% to 3332.88, its biggest gain since July 9, 2015. The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR), which tracks ... ( read original story ...)
Cambricon to Raise $367.8 Million in IPO Amid Chinese Chip Fever
AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story ...)