China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street. Existing ... ( read original story ...)
China to Scrap Price, First-Day Gain Limits to Entice Tech IPOs
China will remove limits on IPO pricing and first-day gains under plans for a new ... according to statements from the securities regulator and Shanghai Stock Exchange late Wednesday. The move is part ... ( read original story ...)
China unveils trading rules for new hi-tech board, paving way for bold new market to compete with New York, Hong Kong
but the regulator will take a go-slow approach initially since the stock market remains weak,” said Zhou Ling, a fund manager with Shanghai Shiva Investment. “After all, a flood of new IPOs will dilut... ( read original story ...)
Shanghai Is Intent on Becoming Leading Global Financial Center
Financial institutions in Lujiazui, the central business district of Shanghai.CreditCreditSHA LANG / FOR CHINA DAILY Shanghai will develop into a world-leading financial hub in line with China’s econo... ( read original story ...)
China c.bank approves S&P Global’s entry into China’s credit rating market
China c.bank approves S&P Global's entry into China's credit rating market SHANGHAI, Jan 28 (Reuters) - China's central bank said on Monday it had approved the entry of S&P Global Inc into the country ... ( read original story ...)
Stock Market Tumbles On Caterpillar Earnings Miss, Nvidia Warning
Soon after Monday's stock market open, the Dow Jones lost 1.5% ... 12:01 PM ET World markets also took hard hits Monday. China's Shanghai composite rose about 1.1% but then reversed to a 0.2% loss... ... ( read original story ...)
Here’s how Chinese stocks have performed during the tenures of various CSRC chiefs
the Shanghai Composite had fallen almost 9 per cent during his tenure. Xiao was brought to the fore when a major crash swept through China’s market in 2015, erasing US$5 trillion in value as leveraged ... ( read original story ...)