In 2017, the city slid to the No 3 spot globally for IPOs, overtaken by New York and Shanghai. Last Friday marked the deadline for a market consultation on the proposed rule changes to allow large tech companies with dual-class shares structure and ... ( read original story ...)
BAP to pursue digitization of banking processes
... Corp. CEO Antonio Moncupa Jr. Deutsche Bank AG managing director Enrico Cruz was elected secretary, while Hongkong and Shanghai Banking Corp. Ltd. president and CEO Jose Arnulfo Veloso was elected as treasurer. —Jon Viktor Cabuenas/VDS, GMA News ( read original story ...)
China intervenes in stock markets after US tariffs trigger a rout
SHANGHAI: China intervened to support its stock market on Friday, people familiar with the matter said, after fears of a trade war with the US sparked the steepest intraday selloff in six weeks. State-backed funds bought largecap stocks including China ... ( read original story ...)
Continued Consolidation Called For China Stock Market
The China stock market on Wednesday snapped the two-day winning streak in which it had gained more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just above the 3,280-point plateau and it may take further damage on Thursday. ( read original story ...)
Dhaka rejects Beijing bid for stock market
NEW DELHI: Bangladesh’s stock market regulator has rejected a Chinese consortium ... bid submitted by the Chinese consortium comprising Shenzhen Stock Exchange and Shanghai Stock Exchange, and asked it to submit a “revised” proposal on fulfilment ... ( read original story ...)
China money rates fall on ample liquidity, market unfazed by c.bank move
Key money rates at a glance: Volume-wei Previous Change (bps) Volume ghted day (%) average rate (%) Interbank repo market Overnight 2.5364 2.5134 +2.30 0.00 Seven-day 2.7100 2.7603 -5.03 0.00 14-day 4.6151 4.7751 -16.00 0.00 Shanghai stock exchange repo ... ( read original story ...)
Capital market prepares for further opening-up, more inflows
The Shanghai-London Stock Connect ... "For portfolio investment, it will refer to the opening-up of the financial market. To that end, the domestic stock market and the debt market will be further opened up. Local residents will be able to realize their ... ( read original story ...)