The Yangtze River Delta, the cluster contributing a quarter of the country's GDP and covering Shanghai as well as Jiangsu, Zhejiang and Anhui provinces, is expected to deepen integration and back the ... ( read original story ...)
China-UK stock market a ‘flop’ as firms shun initiative
Shanghai Connect scheme was launched in June 2019 to encourage large Chinese and British companies to raise capital through listings on each other's stock markets. ( read original story ...)
Flagship scheme to forge closer links between Britain and China’s stock markets dubbed a ‘flop’ after UK firms shun the initiative
Shanghai Connect scheme was launched in June 2019 to encourage large Chinese and British companies to raise capital through listings on each other's stock markets. ( read original story ...)
China’s Baoshang Bank to take $1 billion write down on bond
China's Baoshang Bank said that it would write down the principal of a 6.5 billion yuan ($984.27 million) tier-two capital bond, nearly a year and a half after the bank's seizure by regulators. ( read original story ...)
China regulator says financial innovation must not create oligopolies
China should ensure financial innovation maintains fair competition and does not create oligopolies or construct barriers to entry, a Chinese regulatory official said Saturday. Xiao Yuanqi, chief risk ... ( read original story ...)
China’s president ‘personally blocked’ Jack Ma’s Ant Group IPO
In August, the Chinese fintech giant unveiled plans for a dual-listing stock market debut in Hong Kong and on the Shanghai Stock Exchange's Star Market. ( read original story ...)
Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with the president or government officials. ( read original story ...)