The Greater China IPO market (Shanghai and Shenzhen exchanges and HKEx) will continue to lead the global listing with an estimated 315 IPOs by the end of June, while New York Stock Exchange (NYSE) will top by capital raised, according to the quarterly ... ( read original story ...)
Premier Li: China can control financial risks as debt rises
Workers on a platform clean window panels near a mural depicting a scene of Shanghai financial hub on display outside the Hongqiao Railway Station in Shanghai, China, Monday, June 26, 2017. A global financial organization said the world economy picked up ... ( read original story ...)
China central bank to skip open market operations today: statement
SHANGHAI China's central bank said it will skip open market operations for the third consecutive day on Tuesday as liquidity levels in the banking system were "relatively high". "Fiscal expenditure were increasing towards the month-end to counter maturing ... ( read original story ...)
Shanghai’s Joyson Electronic steps in to save bankrupt airbag firm Takata
Yale Zhang, managing director with Shanghai based auto business consultancy Automotive Foresight, described the PSAN business as “a bomb”, a notorious business that no potential buyer would consider taking over. But even excluding that part ... ( read original story ...)
Hong Kong loses IPO crown to New York; slips to No 3 globally, first half data shows
The New York Stock Exchange leapt into the top spot, raising US$18.2 billion, partly due to Snap Inc’s IPO in March, which raised US$3.9 billion. The Shanghai Stock Exchange ranked No 2 globally, having raised US$9.6 billion. Of the funds raised in Hong ... ( read original story ...)
China approves 6 IPO applications
has approved six IPO applications. They will raise no more than 3.2 billion yuan (470 million U.S. dollars), CSRC said Friday in a statement. Three companies will be listed on the Shanghai stock exchange, one on the Shenzhen small and medium enterprise ... ( read original story ...)
Hong Kong remains in pole position for IPOs
which allow mainlanders to buy stocks in listed companies in Shanghai and Shenzhen. Through the schemes, the so-called Southbound investment represented 9 per cent of all Hong Kong turnover in the first quarter of the year. “Hong Kong’s well-oiled IPO ... ( read original story ...)