Week In Review: WuXi AppTec Plans $910 Million Shanghai IPO

WuXi AppTec announced a $910 million IPO on the Shanghai exchange for the company's core small-molecule CRO business. China regulators approved WuXi's prospectus in a short seven weeks, indicating that they are very eager to list the company, China's ... ( read original story ...)

Bank of China back in black, CCB profit also picks up

SHANGHAI: Bank of China swung back into the black last year while China Construction Bank also joined the country’s state-owned lenders in posting a profit pick-up on the back of an accelerating domestic economy. Bank of China, the country’s main ... ( read original story ...)

Explainer: Why a financial court is needed in Shanghai

Beijing announced the setting up of a financial court in Shanghai on Wednesday after a meeting of the Communist Party’s Leading Group for Comprehensively Deepening Reforms, which was chaired by President Xi Jinping. The announcement came as Wu Xiaohui ... ( read original story ...)