China is inspecting the nation's financial regulators, biggest state-run banks, insurers and bad-debt managers for the first time in six years to root out corruption in its €47trn financial system. ( read original story ...)
Shanghai Exchange Resumes Syngenta’s $10 Billion IPO Review
Syngenta Group’s plan for an initial public offering on the Shanghai Stock Exchange appears to be back on track after the bourse resumed a review of the application. The exchang ... ( read original story ...)
China Starts Inspection of Financial Regulators, State Banks
China is inspecting the nation’s financial regulators, biggest state-run banks, insurers and bad-debt managers for the first time in six years to root out corruption in its $54 trillion financial ... ( read original story ...)
Springsnow Food Group’s IPO to debut on Shanghai Stock Exchange
Springsnow Food Group (605567) to start trading on the Shanghai Stock Exchange's Main Board Oct 13, tomorrow. The firm has issued 50.00 mln shares priced at RMB 11.8 per share raising RMB 590 mln. Its ... ( read original story ...)
Lenovo’s weaknesses pop up in Shanghai overreach
The PC maker abruptly nixed a $1.6 bln share offering. The attempt to tap cash on a tech bourse brought unwanted attention to its feeble R&D spend and boss Yang Yuanqing's generous pay. As Beijing ... ( read original story ...)
Shanghai bourse suspends Syngenta IPO citing missing financial info
Syngenta Group's planned US$10 billion initial public offering (IPO) in China has been suspended because the agrochemicals giant has not updated its application with its latest financial results, the ... ( read original story ...)
Lenovo stock drops 17% after withdrawing Shanghai listing plan
SHANGHAI: Lenovo Group Ltd saw its stock fall more than 17% on Monday, its biggest intraday decline in over a decade, after the Chinese technology giant withdrew its application for a 10 billion yuan ... ( read original story ...)