Tag: ipo

Stock you buy today cannot be sold until tomorrow ... These are structural factors that impact the Shanghai market. In this environment the key focus is on the strength of support levels in the Shanghai Index. Traders watch for consolidation support ... ( read original story ...)

accentuating the risks posed by Beijing’s efforts to tighten liquidity and rein in shadow bank credit The Shanghai Composite Index, which on April 11 reached its highest level since January 2016 – the month during which global stock markets suffered a ... ( read original story ...)

* Says it plans to issue up to 29.3 million shares at 22.87 yuan per share to raise up to 670 million yuan ($97.07 million) for its Shanghai IPO Source text in Chinese: bit.ly/2pUTdw9 ($1 = 6.9021 Chinese yuan renminbi) (Reporting by Hong Kong newsroom ... ( read original story ...)

Currently the two Connect schemes between Hong Kong and Shanghai and Hong Kong and Shenzhen only allow investors to conduct cross border trading in companies already listed but not for IPOs. Saudi Aramco has appointed HSBC as one of the sponsors for its ... ( read original story ...)

and Bank of Communications — most lenders in Shanghai have lowered their discounts on the central bank’s long-term benchmark lending rate from 10% to 5%. The rate currently is 4.9% for loans with a maturity of more than five years, a banker responsible ... ( read original story ...)

Shanghai composite 3-year performance The Shanghai composite ... despite some growing pains. "I do think the Chinese stock market is cheaper than the American market," he said. "I do think that China has a bright future." ( read original story ...)

... Shanghai's housing authority has stepped up supervision over its property market, continuing to rein in a sector plagued by irregularities and rampant speculation. Property prices have soared in China's biggest cities such as financial hub Shanghai ... ( read original story ...)