Youon Bike, a Jiangsu province-based bike sharing company, has called off its planned initial public offering in Shanghai after a lawsuit was filed ... by issuing 24 million shares in an IPO two months ago. It was its second attempt at a listing, after ... ( read original story ...)
Chinese News: Shanghai Stock Market Retreats on Slowing Growth and Tightening Liquidity
Stocks on the Shanghai Exchange fell 8.37 points, or 0.27 percent, to close at 3,135.35 on Wednesday. The Shenzhen Component Index also slipped by 0.39 percent. The day’s losses follow Tuesday’s loss of 0.35 percent, as the market digests the latest ... ( read original story ...)
BRIEF-Shanghai Baolong Automotive issues IPO prospectus
Source text in Chinese: bit.ly/2pR7f2K (Reporting by Hong Kong newsroom) Our Standards: The Thomson Reuters Trust Principles Next In Consumer Goods and Retail MORE FROM REUTERS ( read original story ...)
China’s new market anomaly: Stocks won’t drop more than 1%
The Shanghai Composite Index, notorious for its wild swings over the past two years, has gone 85 trading days without a loss of more than 1% on a closing basis, the longest stretch since the market’s infancy in 1992. In a Chinese stock market where ... ( read original story ...)
China leverage rising at 'alarming pace': central bank official
SHANGHAI China's level of leverage is rising at an "alarming pace", particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country's senior leaders over financial security. The official Xinhua ... ( read original story ...)
BRIEF-Automotive products maker KTK Group issues prospectus for Shanghai IPO
Source text in Chinese: bit.ly/2pBTGTM (Reporting by Hong Kong newsroom) Our Standards: The Thomson Reuters Trust Principles Next In Auto & Truck Manufacturers MORE FROM REUTERS ( read original story ...)
Central bank official says China leverage rising at ‘alarming pace’
SHANGHAI: China’s level of leverage is rising at an “alarming pace”, particularly in the finance sector, a senior central bank official said in a commentary, amid growing concern by the country’s senior leaders over financial security. The official ... ( read original story ...)