02 Shanghai Dasheng Agriculture Finance Technology Co., Ltd. Shanghai Tonva Petrochemical Co. Ltd. published this content on 25 April 2017 and is solely responsible for the information contained herein. 03:11a SHANGHAI DASHENG AGRCLTR FIN TECH: Financial ... ( read original story ...)
BRIEF-Will Semiconductor Shanghai sets IPO pricing
* Says it aims to raise up to 292.0 million yuan ($42.40 million) by offering up to 41.6 million shares at 7.02 yuan per share in its Shanghai IPO Source text in Chinese:bit.ly/2oNbDOv ($1 = 6.8860 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ( read original story ...)
Chinese regulator approves 10 IPO applications
Six companies will be listed on the Shanghai bourse, two on the Shenzhen small- and medium-enterprise board and two on the ChiNext, China's NASDAQ-style board. The 10 firms and their underwriters will confirm the dates for the IPOs and publish prospectuses ... ( read original story ...)
BRIEF-Bank of Shanghai to pay annual div for FY 2016
April 24Bank of Shanghai Co Ltd : * Says it plans to pay annual cash dividend as 5 yuan(pre-tax) per 10 shares and use additional paid-in capital to distribute 3 new shares for every 10 shares as FY 2016 div payment Source text in Chinese: goo.gl/dSVqrb ... ( read original story ...)
Is China Trying To (Slowly) Burst Another Stock Market Bubble?
each time the Shanghai Composite dropped over 1% (red dotted line) it was miraculously lifted to ensure it closed with a loss less than 1%... As Bloomberg reports, authorities favor a steady stock market because it helps companies fund investment and repay ... ( read original story ...)
China bank regulator probes borrower guarantee chains: document
SHANGHAI China's banking regulator has asked lenders to look into the guarantee chains of its borrowers, according to a document seen by Reuters, the latest in a slew of policy initiatives to reduce the risk of defaults snowballing through the financial ... ( read original story ...)
China's Stocks Refuse to Drop More Than 1%
Shanghai gauge has longest stretch without 1% fall since 1992 CSRC said to seek market stability by limiting index losses In a Chinese stock market where superstition and government intervention often count for more than economic fundamentals, unusual ... ( read original story ...)