The Shanghai-London stock connect will be launched within this year with Shanghai aiming to be the first to open the financial industry to foreign companies and institutions. The city is discussing with the state's financial regulators to become a "pioneer ... ( read original story ...)
China to launch Shanghai financial court by end-August
China's top legislature has approved the establishment of a specialized court in Shanghai to deal with finance-related cases. The decision was adopted at the bimonthly session of the Standing Committee of the National People's Congress (NPC), which ended ... ( read original story ...)
Authorities to work toward building the ‘Shanghai Service’ brand
“As the country’s financial center, the core competitiveness is its service industry,” said Ma Chunlei, secretary-general of the municipal government and deputy director of the Shanghai Municipal Development and Reform Commission. “About 70 percent ... ( read original story ...)
Shanghai leads in per capita disposable income in Q1
People visit the Bund in front of Shanghai's financial district of Pudong in Shanghai, March 28, 2018. [Photo/VCG] BEIJING - China's financial hub Shanghai outperformed other provincial regions in per capita disposable income in the first quarter of this ... ( read original story ...)
Shanghai, Shenzhen stock exchanges get regulatory approval for stake in Bangladesh bourse
The Shanghai and Shenzhen stock exchanges have received regulatory approval for ... The Dhaka exchange, which started in 1954, had 303 listed companies with a combined market value of US$44 million as of the end of December 2017. Its benchmark DSE Broad ... ( read original story ...)
Xiaomi applies to raise funds in Hong Kong, giving city the pole position in 2018 global IPO race
Xiaomi has applied to sell shares in Hong Kong, giving the city what’s probably the world’s biggest initial public offering (IPO) of 2018 and the pole position in a race with New York and Shanghai to be the global capital for raising funds. The company ... ( read original story ...)
China shares mixed at close of trade; Shanghai Composite down 0.01%
Declining stocks outnumbered rising ones by 727 to 595 and 38 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.09% to 22.08. In commodities trading ... ( read original story ...)