ChemChina will continue to control KraussMaffei. "Through a future listing on the Shanghai Stock Exchange, the perception of KraussMaffei will significantly increase in the Chinese market," Jianxin Ren, chairman of ChemChina, said in a statement. ( read original story ...)
Mainland stock declines expected to end in 2018, with more small caps tipped to enter the fray
Fu reckons the market is likely to find its bottom soon, as institutional investors have already cut their holdings to low enough levels with foreign players now preparing for 2018 allocations after selling to lock-in profits, he said. The Shanghai ... ( read original story ...)
Key equity market indices open higher
Taking a cue from global markets, the key Indian equity market indices opened higher on Friday ... or 0.47 per cent. At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,166.70 points, was quoting at 10,205.70 points ... ( read original story ...)
Hope of Modi win lifts market
Benchmark stock indices Sensex and Nifty rose for the third day in a row tracking positive Asian stock market movements and speculation ... Japan’s Nikkei gained 0.04 per cent and Shanghai Composite rose 0.40 per cent in early trading while Hong Kong ... ( read original story ...)
China aims to make IPO application process more transparent
SHANGHAI (Reuters) - China’s securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations. The new guidelines, issued by the China ... ( read original story ...)
Ten Chinese banks oppose central bank’s new asset management rules – sources
BEIJING/SHANGHAI (Reuters) – Ten Chinese joint-stock banks raised objections to new central bank rules to tighten regulations on the asset management industry during a close-door meeting in Shanghai last week, three sources with knowledge of the matter ... ( read original story ...)
New Fuel Cell Engine Facility Commissioned in Shanghai
Shanghai Edrive, division of Broad-Ocean ... Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. ( read original story ...)