Shanghai records highest per capita disposable income

A man flies a kite along the bund as the Lujiazui Financial District stands in the background in Shanghai, Sept 4, 2017. [Photo/VCG] Last year, residents' per capita disposable income topped 30,000 yuan ($4,735) in seven of China's 31 provincial-level ... ( read original story ...)

Reports of IPOs’ death have been greatly exaggerated

The top five exchanges by IPO proceeds raised were New York, Shanghai, Hong Kong, Shenzhen and London. Hong Kong was the top IPO destination based on number of IPOs, the United States was the leader based on proceeds and companies from mainland China ... ( read original story ...)

China firms move to poor regions to jump the IPO queue

Eligible companies can skip to the head of the long queue of firms hoping for IPOs on Shanghai and Shenzhen bourses, avoiding years of waiting. Tanwan Information Technology Co., Ltd. is another potential beneficiary. The game developer moved from Shanghai ... ( read original story ...)

Shanghai remains attractive for expats

Expats have voted Shanghai as the world's fourth-best city for an international career in a global survey that highlighted the city's financial package, diversified food and local culture as the major attraction. The HSBC Expat Explorer survey found ... ( read original story ...)

Chinese EV startup NIO hires banks for $2 billion U.S. stock IPO

At the top end of the potential offering size, the IPO would become the biggest Chinese listing in the United States since the $25 billion public float of e-commerce giant Alibaba Group Holding Ltd in 2014. Shanghai-based NIO has tapped banks including ... ( read original story ...)

Shanghai shares see worst month since early 2016

The price-to-earnings ratio of the Shanghai index was 15.05 as of the last full trading day while the dividend yield was 1.9 per cent. So far this week, the market capitalisation of the Shanghai stock index has risen by 1.17 per cent to 29.50 trillion yuan. ( read original story ...)