Global shares were trading mixed Thursday after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street. Stocks rose in Paris, Frankfurt, Shanghai and Hong Kong but fell in Tokyo, ... ( read original story ...)
China’s financial opening-up gains momentum, as Shanghai is set to launch international reinsurance trading market
He said a joint venture between BNP Paribas Asset Management and an asset management subsidiary of Agricultural Bank of China will start operation in Shanghai soon. The NFRA and the Shanghai ... ( read original story ...)
QFLP scheme: IDG Capital, Brookfield among 7 firms granted access by Shanghai to unlisted firms
Shanghai 'determined to conduct innovations in the finance sector at Lingang', local financial regulator says Other newly approved QFLPs include Vitalbridge, Cathay Capital, Kasikornbank, Ausvic Capital and CM Venture Capital Shanghai has approved another seven institutions - including IDG Capital and Brookfield - for the qualified foreign limited partners (QFLPs) investment scheme, ( read ...
China’s new financial gatekeeper Li Yunze strikes an optimistic note, vowing to wipe out ‘blind spots’ to protect economy from risks
The gatekeeper of China's banking and insurance industries struck an optimistic note in his first major public speech, pledging to eliminate regulatory blind spots to make the 400 trillion yuan (US$56. ( read original story ...)
China to further strengthen financial oversight: official
China will continue to strengthen modern financial oversight and eliminate regulatory gaps to forestall financial risks Li Yunze ( read original story ...)
Hong Kong’s IPO market set for slow recovery, with 2023 fundraising seen surpassing 2022 but falling well short of 2021
PwC Hong Kong estimates that around 100 companies will list in Hong Kong in 2023, with total funds raised as high as US$21.7 billion Mainland China's exchanges expected to lead the world in IPOs again ... ( read original story ...)
Stock market today: Asian shares slip following technology selloff on Wall Street
Asian shares have fallen after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street. Markets declined across the region and U.S. futures also were lower. Oil prices retreated. ( read original story ...)