“The IPO came at a challenging time for the brokerage industry,” said Linus Yip, chief strategist for First Shanghai Securities. “After the stock market turbulence from 2015 to 2016, the industry is still recovering.” Guotai Junan ... ( read original story ...)
Shanghai Composite Index Snaps 4-Day Losing Streak on Strong PMI Data
The Shanghai Composite Index gained 12.28 points, or 0.38 percent to break a four day losing streak and close out the week at 3,222.51. Volume was 196.44 million shares. The Nikkei was down 0.81 percent today, despite early strength in Japanese financial ... ( read original story ...)
Sinopec Mulls Hong Kong, Shanghai Retail Unit IPO in 2018
China Petroleum & Chemical Corp. is considering a dual listing for its retail business, which could take place next year, according to people with knowledge of the matter. The world’s biggest oil refiner, known as Sinopec, is mulling a plan to sell ... ( read original story ...)
BRIEF-Qingdao Liqun Department Store's IPO 3,849.51 times oversubscribed
* Says its Shanghai IPO attracts interest amounting to 3,849.51 times amount on offer Source text in Chinese: bit.ly/2ninv6W (Reporting by Hong Kong newsroom) ( read original story ...)
Guangzhou Port commences listing on Shanghai Stock Exchange
[cat_name] => Ports and Logistics [category_nicename] => ports-and-logistics [category_parent] => 54 ) ) Guangzhou Port has officially completed its IPO and is now listed on Shanghai Stock Exchange, with the shares of the company up by the daily limit of ... ( read original story ...)
Hong Kong stocks retreat; Tencent pulls back from record high
Hengdian Group Tospo Lighting, which manufactures lighting products, soared on its debut by its 44 per cent allowable limit in Shanghai, rising to 26.83 yuan from an IPO price of 18.63 yuan. Jiangsu Maysta Chemical, a producer of silicon surfactants ... ( read original story ...)
China Stocks-Factors to watch on Thursday
PREVIOUS TRADING SESSION MOVES: * SSEC -0.4 pct, CSI300 -0.1 pct, HSI +0.2 pct * HK->Shanghai Connect daily quota used 1.7 ... Kelon's 2016 profit up 87.4 pct Equity changes/IPOs * Hangzhou Star Shuaier Electric Appliance's ( read original story ...)