Qiu Yong, a senior official at the China Securities Regulatory Commission (CSRC), was named the Communist Party head of the Shanghai exchange, replacing Huang Hongyuan, who will be assigned to other ... ( read original story ...)
Financial institutions support Shanghai’s economic development
Over the past 10 years, both the assets and bank loans of Shanghai's banking industry have grown by over 140 percent. In the insurance industry, meanwhile, the insurance penetration has increased from ... ( read original story ...)
YanGuFang International Group Co., Ltd. Plans $30 Million IPO for Week of September 26th (YGF)
YanGuFang International Group Co., Ltd. (YGF) expects to raise $30 million in an initial public offering on the week of September 26th, IPO Scoop reports. The company will be issuing 5,000,000 shares ... ( read original story ...)
Central bank has space to ease
SHANGHAI: China’s current interest rates are “reasonable” and provide room for future policy action, the People’s Bank of China (PBoC) says, adding to expectations it may resume lowering rates in ... ( read original story ...)
Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects
After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong ... ( read original story ...)
End of Hong Kong quarantines a catalyst for stock rebound after US$1.2 trillion market rout, analysts say
Money manager Invesco and China Construction Bank’s investment banking unit predict a ‘meaningful’ and ‘sustainable’ recovery for the Hang Seng Index, which has tumbled 21 per cent this year. ( read original story ...)
China’s PBC injects 21b yuan into market through reverse repos to ensure stable liquidity
The People's Bank of China (PBC), the country's central bank, on Wednesday conducted reverse repurchase operations to inject a total of 21 billion yuan ($2.98 billion) into the market, in a bid to ... ( read original story ...)