Hong Kong slid to third place by amount of money raised through initial public offering (IPO), due to a lack of mega listings so far this year. In the first three quarters of this year, 106 companies raised HK$85 billion ($10.89 billion) on the Hong Kong ... ( read original story ...)
China Post Bank raising $7.3 bln via preferred shares to shore up capital
The lender also unveiled plans in August for a share listing in Shanghai to raise $785 million. The deal will help PSBC “to enhance the overall competitiveness of the Bank, improve the capital structure and to achieve sustainable development,” it said ... ( read original story ...)
Sky Marathon afoot in Shanghai
Some of the participants at the starting point of the 7th Sky Marathon which kicked off in the Shanghai World Financial Center Observatory on Saturday morning. Runners have to climb from the first floor to the 100th floor by completing 2,726 steps up the ... ( read original story ...)
China Post Bank raising US$7.3b via preferred shares to shore up capital
The lender also unveiled plans in August for a share listing in Shanghai to raise US$785 million. The deal will help PSBC "to enhance the overall competitiveness of the Bank, improve the capital structure and to achieve sustainable development," it said in ... ( read original story ...)
UPDATE 1-China Post Bank raising $7.3 bln via preferred shares to shore up capital
The lender also unveiled plans in August for a share listing in Shanghai to raise $785 million. The deal will help PSBC “to enhance the overall competitiveness of the Bank, improve the capital structure and to achieve sustainable development,” it said ... ( read original story ...)
Sinopec Shanghai Petrochemical Co Ltd (0338) Plunged -1.05% on Sep 23
Presently, it is operated by the Hang Seng Bank (HSB) Hang Seng Indexes Company. As a free-float market-capitalization-weighted index, it represents about 60% of the total market valuation on the SEHK. Sinopec Shanghai Petrochemical Co Ltd are among those ... ( read original story ...)
Let’s return to development banking
the Shanghai Pudong International Airport, the Beijing Capital Airport, the Municipal Subway System and much of China’s High Speed Railway Network; it is co-financing the China Pakistan Economic Corridor along with EXIM Bank and ICBC and has projects ... ( read original story ...)