China's leading financial technology provider, announced that its wholly owned digital lending technology subsidiary Dumiao successfully issued RMB245 million worth of asset-backed securities (ABS) on the Shanghai Stock Exchange, in the first such issue by ... ( read original story ...)
Chinese securities regulator slows IPO approvals to bolster market confidence
The CSRC has frozen new IPO share issues a total of nine times in its history, with the latest one being in 2015 when a stock rout erased US$5 trillion in market value. The four most recently approved listings, two in Shanghai and two in Shenzhen ... ( read original story ...)
China stocks fall despite fewer IPOs, big caps weigh
The Shanghai SE 50 Index, dubbed "China's nifty 50 index", dropped 1 percent, in contrast with a gain of 0.9 percent in the tech-heavy start-up board ChiNext. The China Securities Regulatory Commission (CSRC) approved on Friday only four IPOs to raise up ... ( read original story ...)
China stocks fall even as IPO pace cools; Hong Kong also eases
The CSI300 index fell 0.5 percent, to 3,468.12 points at the end of the morning session, while the Shanghai Composite Index lost 0.5 percent, to 3,091.01 points. The China Securities Regulatory Commission (CSRC) approved on Friday only four IPOs to raise ... ( read original story ...)
How Much Do You Know About China’s Stock Market?
Whether or not you’re considering jumping into China’s capricious markets, the expected MSCI decision is a good time to test your knowledge of the market: 1. The Shanghai Stock Exchange was re-established in what year? A. 1890 B. 1901 C. 1990 D. ( read original story ...)
Two apparel makers debut in Hong Kong, Shanghai with returns as stark as night and day
On their debut trading day, Ribo Fashion shot up a staggering 44 per cent on the Shanghai Exchange, while rival Speed Apparel tumbled below its listing price in Hong Kong. The opposing fates of the two similar companies and IPOs stemmed from what analysts ... ( read original story ...)
Shanghai tightens grip of online lenders as scams increase
The Shanghai government has ordered online lending platforms to deposit their money with local banks within six months after they are registered with the local financial authorities, as China strives to root out risks stemming from the burgeoning sector. ( read original story ...)