recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city. Just several months earlier, in mid-2013, Wang and the ... ( read original story ...)
China’s Zhong An aims to raise at least $1 billion in Hong Kong IPO – sources
The Shanghai-based insurer chose Credit Suisse, JPMorgan and UBS in October to lead the IPO, but later suspended the plan to explore a mainland listing. The following February, Reuters reported that the mainland securities regulator was considering ... ( read original story ...)
Two similar IPOs in China and Hong Kong, but with diverse fates
On their debut trading day, Ribo Fashion shot up a staggering 44 per cent on the Shanghai Exchange, while rival Speed Apparel tumbled below its listing price in Hong Kong. The opposing fates of the two similar companies and IPOs stemmed from what analysts ... ( read original story ...)
China’s Zhong An aims to raise at least $1 bln in Hong Kong IPO -sources
The Shanghai-based insurer chose Credit Suisse, JPMorgan and UBS in October to lead the IPO, but later suspended the plan to explore a mainland listing. The following February, Reuters reported that the mainland securities regulator was considering ... ( read original story ...)
Shanghai study tour launched
Shanghai exchange: Secretary for Financial Services & the Treasury Prof KC Chan launches the Scheme for Cross-border Study Tour for Post-secondary Financial Talents 2017. Secretary for Financial Services & the Treasury Prof KC Chan launched the Scheme ... ( read original story ...)
China’s ‘national team’ saps trust in country’s stocks
SHANGHAI -- China's stock market faces concerns over its integrity once again as a "national team" of state-owned investors plays an increasing role in shaping prices and trends. Dong Mingzhu, chairperson of Gree Electric Appliances of Zhuhai and China's ... ( read original story ...)
HK university students to visit Shanghai financial institutions on exchange programme (with photos)
The Secretary for Financial Services and the Treasury, Professor K C Chan, today (May 29) encouraged local university students embarking on an exchange programme to Shanghai to enhance their understanding of the financial systems and market operations in ... ( read original story ...)