China approves three IPO applications

BEIJING, Sept. 1 (Xinhua) -- China's top securities regulator has approved new IPO applications from three companies, which will raise no more than 1.4 billion yuan in the A-share market. One company ... ( read original story ...)

Shanghai bank buys bigly into AMK

Taiwan-headquartered Shanghai Commercial and Saving Bank (SCSB) has acquired an 80 percent stake of AMK (Angkor Mikroheranhvatho Kampuchea), one of Cambodia’s leading microfinance institutions. The ca... ( read original story ...)