Tag: ipo

SHANGHAI (Reuters) - China's Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, extending a major push by the Chinese firm to create a global network of financial assets. ( read original story ...)

SHANGHAI Feb 21 China's banking regulator is allowing banks in the southern Chinese province of Guangdong to count negotiable certificates of deposit with a tenor of more than 90 days as part of their minimum regulatory capital requirement, three sources ... ( read original story ...)

The Shanghai stock market isn’t swinging so wildly any more. The interest of China’s dominant retail investors hasn’t returned since the crash in 2015, and more funds are entering Hong Kong shares through a connect program, propelling the local ... ( read original story ...)

Six firms will be listed on the Shanghai stock exchange, two on the Shenzhen small and medium enterprise board and four on the ChiNext, China's NASDAQ-style board. The firms and their underwriters will confirm the IPO dates after discussing with the stock ... ( read original story ...)

the total market was valued at over $10 trillion and the Shanghai Stock Exchange made up $5.9 trillion of that sum. In just two weeks, it lost 30% of its value. The losses were enormous and affected investors large and small, resulting in financial panic ... ( read original story ...)

SHANGHAI/BEIJING China's securities regulator said late on Thursday it will relax certain rules on stock index futures trading as the government starts to gradually unwind restrictions imposed during the 2015 stock market crash. Starting on Friday ... ( read original story ...)

Morgan Stanley forecasts 4,400 on the Shanghai Composite Index by later this year, up about 37% from today, according to Bloomberg. The MSCI China 14-day relative strength indicator hit 78.8 on Monday, while 70 normally is the level when the market is seen ... ( read original story ...)