Ant Group Co is considering to fold its financial operations into a holding company that could be regulated more like a bank, Bloomberg News ... ( read original story ...)
Year-ender: major financial events of 2020
Shanghai and Shenzhen Stock Exchanges both celebrate their 30th anniversary in 2020. [Photo/CFP] Shanghai Stock Exchange celebrated its 30th anniversary this year. As Chinese mainland's first stock ... ( read original story ...)
What’s behind Chinese regulators’ backpedaling on new IPO system?
If you think about how much time Chinese policymakers put into creating a system that gives the market a bigger say in initial public offerings, you might wonder why regulators are suddenly taking a ... ( read original story ...)
China: Stock market draws over 1.5 million new shareholders
Industry statistics revealed that approximately 1.53 million shareholders in China opened accounts to trade in stocks on the Shanghai and Shenzhen bourses in November.The number is an upsurge ... ( read original story ...)
Chinese Stock Market Closes Higher as Liquor Cheers
China’s mainland stock markets closed higher overall today as the liquor sector led the gainers. The Shanghai Composite Index edged up 0.02 percent to 3,397.29, while the Shenzhen Component Index grew ... ( read original story ...)
Markets shock in 2020 gives way to IPO boom
Companies raised more money through stock market listings in 2020 than in any year besides 2007, as a rebound in equities valuations lured in businesses and blank-cheque acquisition vehicles rushed to ... ( read original story ...)
METALS-Shanghai copper gains for third session as Trump approves U.S. stimulus
Shanghai copper prices advanced for a third straight session on Monday, as demand prospects improved after U.S. President Donald Trump approved a coronavirus stimulus package to support the country's ... ( read original story ...)