ABU Dhabi Global Market, the international financial centre of Abu Dhabi, UAE (ADGM) and Shanghai Stock Exchange (SSE) have signed a memorandum of understanding (MoU) to establish an international “Belt and Road Exchange”. The MoU was signed on April 23. ( read original story ...)
China Updates Financial Court System as Cases Grow More Complex
BEIJING—China is setting up a special court in Shanghai to deal with the complex financial cases that are rising apace with the deepening of the country’s financial system. The Shanghai Financial Court is expected to start operations by the end of ... ( read original story ...)
All the things China market analysts got wrong in 2018
A pedestrian walks past the Shanghai Stock Exchange building in China ... who helps manage $3.7bn as BNP Paribas Asset Management’s deputy head of emerging-market debt in London. “Clearly, none of these materialised.” There have been tentative ... ( read original story ...)
Two China biotechs drop US IPO plans for $800 million Hong Kong floats
Innovent declined to comment on its IPO plans. The two companies chose Hong Kong because ... Innovent and Ascentage will be following Shanghai Henlius Biotech, backed by Chinese conglomerate Fosun International, diabetes-focused drug developer Hua Medicine ... ( read original story ...)
Two China biotechs drop U.S. IPO plans for $800 million Hong Kong floats: sources
Innovent declined to comment on its IPO plans. The two companies chose Hong Kong because ... Innovent and Ascentage will be following Shanghai Henlius Biotech, backed by Chinese conglomerate Fosun International, diabetes-focused drug developer Hua Medicine ... ( read original story ...)
Shanghai to pioneer financial civil court
China is considering the use of a specialized court to handle finance-related lawsuits in Shanghai to improve the country's judicial capability and better prevent financial risks. The proposed establishment of the Shanghai Financial Court was submitted to ... ( read original story ...)
China’s financial watchdog begins inspections of banks’ risky lending: sources
BEIJING/SHANGHAI (Reuters) - China’s financial regulator has launched a nationwide inspection of banks’ risky business practices, focusing on consumer loans and real estate lending in regions with high levels of household debt, two sources with ... ( read original story ...)