An area of Shanghai's Pilot Free Trade Zone has launched a pilot to relax bank account requirements to ease foreign cash inflows. Foreign-funded firms located in the Lingang Special Area of the China ... ( read original story ...)
Renaissance Capital’s 2020 Global IPO Market Recap
Year High Amid Pandemic The global IPO market hit a six-year record in 2020 as pandemic-induced volatility was followed by a swift rebound in the se ... ( read original story ...)
China’s blue-chip index ends at 13-year high led by gains in banking, healthcare stocks
China's blue-chip index closed on Wednesday at its highest level in nearly 13 years after rising for five consecutive sessions, as investors expect the government to sustain policy supports to counter ... ( read original story ...)
China’s yuan softens as c.bank hints at preference for slower gains
China's yuan softened on Wednesday, continuing its walk back from a strong rally early in the week, after the country's central bank appeared to signal a preference for a more moderate pace of ... ( read original story ...)
Physical cards for digital payments under trial in China’s Shanghai
A card to replace smartphones for digital payments is being trialed in China's Shanghai, making life easier for groups such as the elderly. Shanghai's Tongren Hospital is one of the first to try out ... ( read original story ...)
Chinese bourses roar in 2020 with best year for IPOs in a decade
Stock exchanges in mainland China and Hong Kong had their most successful year for initial public offerings in a decade in 2020, raising a combined $119 billion or roughly 45% of the global total. The ... ( read original story ...)
CORRECTED-China’s yuan softens as c.bank hints at preference for slower gains
China's yuan softened on Wednesday, continuing its walk back from a strong rally early in the week, after the country's central bank appeared to signal a preference for a more moderate pace of ... ( read original story ...)