China’s yuan firms on state bank support

SHANGHAI, July 4 (Reuters) - China's yuan firmed against the U.S. dollar on Tuesday, with major state-owned banks selling the greenback in the onshore market that helped bolster the Chinese currency. The People's Bank of China (PBOC) set the yuan midpoint ... ( read original story ...)

LeEco-related bank accounts held

A Shanghai Court reportedly ordered a freeze on the bank accounts of LeEco chairman Jia Yueting and his wife, as well as bank accounts of three LeEco- related companies, mainland media reported yesterday. The accounts held a combined 1.24 billion yuan (HK$ ... ( read original story ...)

China’s $9tn bond market opens up to foreign investors

China's $9 trillion bond market is the third-largest in the world ... That link followed the launch of the Shanghai-Hong Kong Stock Connect in November 2014, which allowed international investors to trade in hundreds of Shanghai-listed A-shares as well ... ( read original story ...)

First half ‘s Chinese IPO tide may ebb in Jul-Dec on curbs

The Shenzhen Stock Exchange topped global bourses with 126 IPOs in the first half, followed by Shanghai with 120 and Hong Kong with 69. In all, there were 772 IPOs globally that raised $83.4 billion. In terms of proceeds, New York topped the list ... ( read original story ...)