SHANGHAI, July 12 (Reuters) - China stocks were mixed on Wednesday morning, with bank shares powering the "Nifty 50" blue-chips to a 23-month high, as investors sought firms with solid fundamentals amid a continued correction in small-caps. The CSI300 ... ( read original story ...)
Two decades after crisis, China rises as global financial power
Latest progress in the financial sector includes global recognition of Chinese shares. Only two weeks ago, equity index provider MSCI finally included a number of Shanghai and Shenzhen listed stocks in one of its most traded indices, after three years of ... ( read original story ...)
Purge of Former Top Shanghai Property Developer Signals Decline of Political Clan
Chinese leader Xi Jinping recently took out yet another key member of a rival political faction — one whose name, incidentally, somewhat resembles his own. The downfall of Xin Jiping (not to be confused with Xi Jinping) was so low key and swift that less ... ( read original story ...)
BRIEF-Tibet Weixinkang Medicine’s Shanghai IPO oversubscribed in online tranche
* Says online part of Shanghai IPO attracted interest amounting 6,374.15 times amount on offer Source text in Chinese: bit.ly/2t01pOx (Reporting by Hong Kong newsroom) ( read original story ...)
BRIEF-Shanghai Guao Electronic Technology sees FY 2017 H1 net loss to be 5 mln yuan to 8 mln yuan
July 11 Shanghai Guao Electronic Technology Co Ltd : * Sees FY 2017 H1 net loss to be 5 million yuan to 8 million yuan * Says the net profit of FY 2016 H1 was 14.6 million yuan * Says that increased input for new products and seasonal effect as main ... ( read original ...
Ex-Bank chairman Sandberg dies
Michael Sandberg, former chairman of Hongkong Bank, died at the age of 90. He passed away in London on July 2. Sandberg rose through the hierarchy of the Hongkong & Shanghai Banking Corporation to become its chairman and chief manager in Hong Kong in 1977." ( read original story ...)
Shanghai Metal Corporation Manufactures & Exports Stainless Steel Coil Related Products At Factory Cost
Shanghai Metal Corporation is a leading manufacturing company from China that is involved in production of metals, machineries, containers, construction materials, electrical systems, medical accessories and more. Different industries require different ... ( read original story ...)