Also Read: Bike-rental firm Youon seeks IPO Founded in 2015, Mobike is a smart bike-sharing ... The company officially launched its service in Shanghai in April 2016 and in less than a year, it has expanded to 36 cities across China. ( read original story ...)
Private placement curbs set to raise corporate China's debt risks
SHANGHAI/HONG KONG New rules to rein in a surge in private ... Private placements in China jumped fivefold from 2013 to $172 billion in 2016, skirting regulators' controls on IPOs and raising concerns that companies were raising too much money for ... ( read original story ...)
Shanghai, Beijing among top 20 global financial hubs
Shanghai and Beijing were included among the top 20 financial hubs in the world by an index tracking 88 financial centers globally. Shanghai and Beijing ranked as the 13th and 16th top financial hubs in the world, according to a Global Financial Centers ... ( read original story ...)
Shanghai’s low stock market volatility mystery
China’s stock market has been so tame over the past year. The monthly swings for the benchmark Shanghai Composite Index were less than 8 per cent in the period, compared with an average of 9.4 per cent since 2010 based on statistics from Haitong Securities. ( read original story ...)
China’s PBOC ‘persuades’ Shanghai banks to slow monthly mortgage growth
Banks in Shanghai are slowing mortgage loan growth amid the tighter stance by the People’s Bank of China to keep deleveraging the housing market, industry sources said. Lenders in the most populous mainland cities are being asked to scale back growth in ... ( read original story ...)
Shanghai, Beijing listed among top 20 global financial hubs
SHENZHEN, March 28 (Xinhua) -- Shanghai and Beijing were included among the top 20 financial hubs in the world by an index tracking 88 financial centers globally. Shanghai and Beijing ranked as the 13th and 16th top financial hubs in the world, according ... ( read original story ...)
Skoda teases Vision E concept ahead of Shanghai Motor Show
Expected to be showcased at the upcoming Shanghai Motor Show next month, Skoda has released a teaser image of a concept called Vision E, which is likely to evolve into the Kodiaq coupe. The teaser shows a crossover, styled more like a coupe and carries the ... ( read original story ...)