The Hong Kong Stock is like any other stock market. Investors from all over can purchase shares here. The information about listed companies is clear and correct. Then there are the Shanghai and the Shenzhen Stock Exchanges. These are currently only ... ( read original story ...)
Japan’s financial groups spot opportunity in Chinese deregulation
SHANGHAI/TOKYO -- As China allows foreign capital wider access to the mainland market, Japanese financial groups are moving quickly to enlarge their foothold in the world's second-largest economy. Sumitomo Mitsui Banking Corp., through its Hong Kong branch ... ( read original story ...)
China Levies Record $870 Million Fine for Stock Manipulation
The Shanghai Composite Index’s volatility hit historic lows ... fine for a stock-price manipulation plan that actually lost him money. In April, a former stock market official was fined 251 million yuan for illegal trading activities. ( read original story ...)
Chinese investors want relaxed rules for tech IPOs: exchange
SHANGHAI (Reuters) - Most Chinese investors expect regulators to relax rules on initial public offerings (IPOs) by technology companies, and would like to invest in such domestic listings, the Shenzhen Stock Exchange said on Wednesday, citing a recent survey. ( read original story ...)
AgBank plans US$16.8b recapitalisation drive alongside China banking regulatory move
“The joint notice comes as part of a policy framework, flagging that more detailed measures on capital strengthening for banks is likely on the way,” said Zhao Yarui, a senior researcher at Bank of Communications in Shanghai. “Banks are under ... ( read original story ...)
Agricultural Bank to Raise $15.8 Billion in Private Placement
Agricultural Bank of China (ABC), the country’s third-largest bank, said on Monday it would raise as much as 100 billion yuan ($15.8 billion) in a private placement of its Shanghai-listed shares. The bank will use the proceeds to replenish its core tier ... ( read original story ...)
48 hours in Shanghai (Layover Itinerary)
The second tallest building in the world is the 632m Shanghai Tower and ninth tallest in the world is the 492m Shanghai World Financial Center. We spent the whole afternoon over on the Pudong side of the river checking out the buildings before going back ... ( read original story ...)