SHANGHAI, Aug 5 (Reuters) - China's central bank plans to ... equity investments and buy-backs of financial assets sold, and deposits at non-financial institutions. China will explore different methods of covering internet finance firm risk, Xinhua ... ( read original story ...)
China approves 7 IPO applications
Three of the companies will be listed on the Shanghai stock exchange, two on the Shenzhen small and medium enterprise board, and two on the ChiNext, China's NASDAQ-style board. The firms and their underwriters will confirm IPO dates and publish ... ( read original story ...)
Former senior China Development Bank official jailed for 14 years for graft
SHANGHAI (Reuters) - China's anti-graft watchdog said on Saturday the former head of the supervisory board at China Development Bank, the country's largest policy lender, has been jailed for 14 years and fined 3.5 million yuan ($520,276) for receiving bribes. ( read original story ...)
Asean now likely 6th largest economy globally, says PM
According to Najib, businesses would not be investing in Malaysia, if they felt that way, citing Hong Kong and Shanghai Banking Corporation investing over RM1 billion to build its future regional headquarters at the Tun Razak Exchange. This is alongside ... ( read original story ...)
In the week ahead, we’ll glimpse how the House of the Mouse continues facing the future
The company reports its latest quarterly financial results on Tuesday in the week ahead ... It is expanding its park in Hong Kong and just celebrated the first anniversary of its park in Shanghai. At the theater, Disney’s Buena Vista studio is behind ... ( read original story ...)
Shanghai Stock Exchange to increase scrutiny of M&A risk -Xinhua
SHANGHAI, Aug 5 (Reuters) - Shanghai Stock Exchange (SSE) plans to increase its scrutiny of mergers, acquisitions, transfer of control deals and other corporate actions that could lead to financial risk in the market, the official Xinhua news agency ... ( read original story ...)
China stocks regulator approves seven IPOs to raise $416 million
SHANGHAI (Reuters) - China's securities regulator has said it has approved seven initial public offerings (IPOs) that aim to raise a combined total of up to 2.8 billion yuan ($416.22 million). Three of the approved IPOs are on the Shanghai bourse ... ( read original story ...)