China’s mainland stock markets opened higher this morning as the banking sector surged. The Shanghai Composite Index opened 0.29 percent higher at 3,418.16, while the Shenzhen Component Index rose ... ( read original story ...)
Commentary: Shanghai and Shenzhen, vital cities in China’s next phase of growth
By recognising and investing in the strengths of pioneering cities and regions, China has developed a mechanism for advancing its economic ... ( read original story ...)
HSBC weighs exit from U.S. retail banking – FT
HSBC (NYSE:HSBC) is considering exiting the retail banking business in the U.S. in a move that would reallocate resources to more profitable businesses in Asia, the Financial Times reports, citing two ... ( read original story ...)
HK exchange unveils plans to expand mutual market access
Hong Kong Exchanges and Clearing Limited (HKEX) on Friday announced specific plans to expand the Stock Connect, a landmark mutual market access program connecting Hong Kong and mainland equity markets ... ( read original story ...)
IPO Launch: Jowell Global Seeks U.S. IPO For Expansion Plans
Shanghai, China-based Jowell was founded to develop a membership-based online platform to sell products directly to consumers as well as facilitate third parties to operate their own online stores. ( read original story ...)
Jowell Global Seeks IPO For Retail Expansion
Jowell Global has filed proposed terms to raise $26 million in an IPO. The firm sells beauty, health and household products online and offline in China. ( read original story ...)
China Display Maker Ditches U.S. to Seek $1.8 Billion Local IPO
Chinese flexible display maker Royole Corp. is seeking to raise as much as 12 billion yuan ($1.8 billion) in an initial public offering on Shanghai’s Star Market ... had initially filed confidentially ... ( read original story ...)