China approves IPO applications from 9 companies

China's securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies will be listed on the Shanghai Stock Exchange ... ( read original story ...)

China Central Bank Sells 63-Day Reverse Repo for First Time

“The operation is aimed at smoothing liquidity volatility toward the beginning of next year,” said Li Liuyang, a Shanghai-based analyst at China Merchants Bank Co. “The cost of the two-month contracts also helps to fill in the gap in the interest ... ( read original story ...)

Financial expert lives on cutting edge of change

Zhang Xinyuan, head of the global trade financing arm of Bank of China's Shanghai branch, said he is fortunate to be playing a role in the reform and opening-up of China's financial sector. Zhang, 41, is one of the first people enterprises visit when in ... ( read original story ...)

Downbeat market mood weights down some Asian bourses

Asian stock market results were patchy Thursday following modest overnight ... that followed the unveiling of members of the country’s top governing body. The Shanghai Composite SHCOMP, +0.37% finished morning trading up 0.5%. Not since Oct. 9 ... ( read original story ...)