The rise of China’s biggest liquor company, Kweichow Moutai, has been a gift for the indebted province that is the company’s majority shareholder. “There is a lot of pressure to share the joy in ... ( read original story ...)
Zillow – Zillow – Truck-sharing IPO gets high on fumes | Fintech Zoom
Latest financial technology news, fintech news, fin tech news, open banking news, banking news, blogs opinion, analysis on Fintech Zoom. ( read original story ...)
New yuan loans rise in Shanghai in H1
New yuan loans in Shanghai stood at 567 billion yuan (87.64 billion U.S. dollars) at the end of June, 224 billion yuan more than the same period last year. New yuan deposits stood at 822.6 billion ... ( read original story ...)
SEC to Require More Disclosure From Chinese Companies Before IPOs
The new disclosure requirements will focus mostly on a form of shell company used to get around China's restrictions on foreign ownership and overseas listings. ( read original story ...)
China Presses on With Crackdown on Tech Data and Overseas IPOs
Beijing pressed ahead with moves to assert greater control over technology companies, continuing a campaign that’s roiled financial markets from New York to Shanghai. ( read original story ...)
China Stock Market Has A Green Light For Friday
The China stock market on Thursday snapped the four-day losing streak in which it had plunged more than 210 points or 6.1 percent. The Shanghai Composite Index now rests just above the 3,410-point ... ( read original story ...)
Stocks rally short of records, Robinhood’s IPO disappoints
U.S. stock indexes were higher Thursday as traders assessed the disappointing gross domestic product report ahead of Robinhood Markets Inc.'s initial public offering. ( read original story ...)