China published a set of rules for the newly established Beijing Stock Exchange on Saturday, moving a step closer toward the official launch of a market designed to fund innovative start-ups. The ... ( read original story ...)
Xi urges efforts to ensure sound operation of int’l economic, financial system
Workers build a pavilion at the National Exhibition and Convention Center (Shanghai), a main venue for the fourth China International Import Expo (CIIE), in east China's Shanghai, Oct. 29, 2021. ( read original story ...)
A Chinese millionaire said he withdrew $780,000 and made bank staff count the notes by hand after security guards were rude to him
The man said he had received the "worst customer service." The bank said the man got angry after a guard asked him to wear a face mask. ( read original story ...)
Chengda Biotech’s Shares Sink Over 27% in Worst-Ever Debut on Shanghai’s Star Market
Shares of Liaoning Chengda Biotechnology plummet as much as 27.3 percent on its first day of trading on the Shanghai Stock Exchange’s Star Market, setting a new record low for a debut on the ... ( read original story ...)
REFILE-Coal miners drag Shanghai stocks to 2-month low
SHANGHAI, Oct 28 (Reuters ... of the debt’s collateral after the units failed to repay the maturing notes, the latest illustration of financial strains on Chinese developers. ** Separately, China will ... ( read original story ...)
Bank of China’s Q3 net profit climbs 13.2per cent
Bank of China Ltd (BoC), the country's fourth-biggest lender by assets, on Friday reported a 13.2per cent increase in third-quarter net profit.Net profit for the July-September period was 50.71 ... ( read original story ...)
Chinese IPO Flops Pile Up in Worst Week Since 2012
Even after the curbs were loosened with the registration-based reforms in 2019, investing in IPOs remained a good bet. However, the Shanghai and Shenzhen exchanges revised rules last month that ... ( read original story ...)