China’s yuan finished Wednesday’s domestic trading session at the highest level in nearly four years against the dollar and a 6-1/2-year peak versus its trading basket, while markets continued to ... ( read original story ...)
JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Completes its IPO Process and Starts Trading on the Shanghai Stock Exchange
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company’s principal ... ( read original story ...)
Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech
New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups. ( read original story ...)
China Stock Market May Take Further Damage On Wednesday
The China stock market headed south again on Tuesday, one day after ending the three-day losing streak in which it had dropped more than 45 points or 1.3 percent. The Shanghai Composite Index now ... ( read original story ...)
China c.bank lifts yuan midpoint to near 4-year high
China's central bank lifted its official yuan midpoint to a near four-year high against the dollar on Wednesday, pushing its value against major trading partners to the strongest since August 2015. ( read original story ...)
Tencent-backed Chinese car maintenance startup Tuhu files for HK IPO
Tuhu plans to use the money raised from the IPO to help automate its distribution centers through the use of robots. ( read original story ...)
Wells Fargo Said to Eye Sale of $1 Billion Hong Kong Bank Stake
It’s also unloaded a commercial real estate firm and a retirement plan services unit in recent years. Shanghai Commercial Bank is part of a small remaining group of closely held local lenders in Hong ... ( read original story ...)