The bank's move to focus on its core markets in Hong Kong and China might seem inappropriate at a time of deteriorating diplomatic and economic relations with Washington and London. ( read original story ...)
Guobang Pharma debuts on Shanghai Stock Exchange, rose 44%
Guobang Pharma (605507) opened at RMB 39.08 on its first day trading on the Shanghai Stock Exchange's Main Board, an increase of 20% from its IPO price of RMB 32.57. ( read original story ...)
China Seeks More Communication With U.S. on Overseas IPOs
China’s securities regulator called for talks with its American counterpart after the U.S. Securities and Exchange Commission increased disclosure requirements for initial public offerings of Chinese ... ( read original story ...)
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves ... ( read original story ...)
A Cash-Strapped Corner of China Finds a Financial Tonic—Hard Liquor
The rise of China’s biggest liquor company, Kweichow Moutai, has been a gift for the indebted province that is the company’s majority shareholder. “There is a lot of pressure to share the joy in ... ( read original story ...)
Zillow – Zillow – Truck-sharing IPO gets high on fumes | Fintech Zoom
Latest financial technology news, fintech news, fin tech news, open banking news, banking news, blogs opinion, analysis on Fintech Zoom. ( read original story ...)
New yuan loans rise in Shanghai in H1
New yuan loans in Shanghai stood at 567 billion yuan (87.64 billion U.S. dollars) at the end of June, 224 billion yuan more than the same period last year. New yuan deposits stood at 822.6 billion ... ( read original story ...)