SHANGHAI (Reuters) - A court in China sentenced 10 people ... part of a then-thriving "shadow banking" sector. However, the image of riches and success that it cultivated came crashing down in early 2... ( read original story ...)
China Central Bank Warns of Cryptocurrency, ICO Risks in Public Notice
... the country’s central bank, has issued a public notice urging investors of risks in cryptocurrency trading and initial coin offerings (ICOs). The Shanghai branch of the PBoC issued a public ... ( read original story ...)
Qingdao Port’s Shanghai IPO approved by authorities
China’s Qingdao Port has announced that its proposed IPO on the Shanghai Stock Exchange has been approved by China Securities Regulatory Commission. Currently Qingdao Port is listed on Hong Kong ... ( read original story ...)
Shanghai stock market closes with 1.82 percent gains
The Shanghai Stock Exchange closed Tuesday at 2,699.95 points, having gained 48.16 points or 1.82 percent. The other stock market in mainland China, the Shenzhen Stock Exchange, also recorded an incre... ( read original story ...)
China central bank warns investors of ICOs and virtual currency risks
BEIJING (Reuters) - China’s central bank Shanghai Head Office said on Tuesday investors should increase risk awareness for initial coin offerings (ICOs) and virtual currency investment and not ... ( read original story ...)
China’s Central Bank Has $1.3 Trillion Money-Fund Headache
The People’s Bank of China offered no immediate response to a fax seeking comment about the funds’ growth affecting efforts to support loans. Savers have plenty of reason to keep turning to money-mark... ( read original story ...)
IPO Roundup: Luxury fashion e-commerce platform Farfetch’s IPO may raise more than US$600mln
The Chinese fintech operates a peer-to-peer lending platform. The Shanghai-based company will offer 11 million shares priced between US$9 and US$11. The IPO could raise as much as US$122mln. Bank7 Cor... ( read original story ...)