Chinese cosmetics manufacturer Shanghai Chicmax Cosmetic Co. is planning an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter. ( read original story ...)
China Bank Lending to Sustain Momentum in 2022
The surge in bank demand for bankers’ acceptance bills (BABs) in December 2021 should prove temporary, and is not likely to presage weakness in more traditional lending activity over 2022, says Fitch ... ( read original story ...)
OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology’
OneConnect Financial Technology Co., Ltd. (NYSE: OCFT ) ('OneConnect'), a leading technology-as service platform for financial institutions has today announced it has entered into a strategic ... ( read original story ...)
No Relief Yet For China Stock Market
The China stock market has finished lower in three straight sessions, sinking almost 55 points or 1.7 percent along the way. The Shanghai Composite Index now rests just above the 3,585-point plateau ... ( read original story ...)
China central bank makes biggest weekly cash withdrawal since November
SHANGHAI: China's central bank injected minimal cash via short-term loans into the banking system on Friday (Jan 7), effectively withdrawing most of the liquidity support lent towards end-2021. The ... ( read original story ...)
China Mobile records flat opening on Shanghai market after raising China’s largest IPO in over a decade
China Mobile’s opening day on the Shanghai market saw a strong rise and eventual flat close after raising the largest IPO on the Chinese stock market in over a decade. The communications company ... ( read original story ...)
Tencent-Backed Tuhu to Move Planned U.S. IPO to Hong Kong
Representatives for Tuhu said they weren’t aware of a listing plan. Goldman Sachs and CICC declined to comment. Tuhu joins a slew of Chinese companies that are choosing to list in the Asian financial ... ( read original story ...)