Tag: ipo

In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a special deal to offer them. "He said there is a ... ( read original story ...)

SHANGHAI/BEIJING/HONG KONG (Reuters) - In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had ... ( read original story ...)

Hong Kong stock exchange will face mounting competition from Shanghai and Shenzhen bourses, as speedier listing approval process and strong demand from investors expected next year will help them to extend their top rankings. In its annual IPO review and ... ( read original story ...)

Of the country's total funds raised, 56% was from Shanghai, making it Asia's top IPO destination. The boom is largely due to an acceleration in listing approvals. "The volume of new issue was at a historic high," said Edward Au, co-leader of the national ... ( read original story ...)

From cooking oil and rice to public transport cards, Shanghai’s smaller banks have been aggressively doling out free gifts – on top of higher returns – in an attempt to attract larger deposits before the year is out. In a branch of Huaxia Bank in ... ( read original story ...)

SHANGHAI, Dec 26 (Reuters) - China's main Shanghai stock market rose slightly on Tuesday, but both the blue-chip index and the start-up board ChiNext dipped in holiday-thinned trade, as banking system liquidity remains relatively tight. ** Hong Kong market ... ( read original story ...)

SHANGHAI: China stocks fell on Wednesday in thin trade and as liquidity in the banking system tightened. The Shanghai Interbank Offered Rate (SHIBOR), seen as the benchmark interbank rate, has been climbing higher. Three-month SHIBOR hit 4.8559 per cent on ... ( read original story ...)