Tag: stock market

Hong Kong stock exchange will face mounting competition from Shanghai and Shenzhen bourses, as speedier listing approval process and strong demand from investors expected next year will help them to extend their top rankings. In its annual IPO review and ... ( read original story ...)

Of the country's total funds raised, 56% was from Shanghai, making it Asia's top IPO destination. The boom is largely due to an acceleration in listing approvals. "The volume of new issue was at a historic high," said Edward Au, co-leader of the national ... ( read original story ...)

From cooking oil and rice to public transport cards, Shanghai’s smaller banks have been aggressively doling out free gifts – on top of higher returns – in an attempt to attract larger deposits before the year is out. In a branch of Huaxia Bank in ... ( read original story ...)

SHANGHAI, Dec 26 (Reuters) - China's main Shanghai stock market rose slightly on Tuesday, but both the blue-chip index and the start-up board ChiNext dipped in holiday-thinned trade, as banking system liquidity remains relatively tight. ** Hong Kong market ... ( read original story ...)

SHANGHAI: China stocks fell on Wednesday in thin trade and as liquidity in the banking system tightened. The Shanghai Interbank Offered Rate (SHIBOR), seen as the benchmark interbank rate, has been climbing higher. Three-month SHIBOR hit 4.8559 per cent on ... ( read original story ...)

ANZ Bank has agreed to sell its 20% holding in Shanghai Rural Commercial Bank for AUD1.84bn (USD1.41bn). Chinese shipping giant COSCO and Shanghai Sino-Poland Enterprise are taking 10% each. In a statement, ANZ Bank said the move is part of efforts to ... ( read original story ...)

On December 15, sponsored by the Shanghai Stock Exchange (SSE) and co-sponsored by Peking University ... held in Shanghai with the theme of the legal construction on the capital market in the new era. Huang Wei, Assistant to Chairman of the China ... ( read original story ...)