A Chinese millionaire has withdrawn five million Yuan from his bank and ordered the staff to count it out note by note after he got into a disagreement with them. He then said that he'd be back to ... ( read original story ...)
Sinocat Environmental Technology’s IPO to debut on SSE STAR Market
Sinocat Environmental Technology (688737) to start trading on the Shanghai Stock Exchange's STAR Market Oct 22, tomorrow. The firm has issued 21.51 mln shares priced at RMB 70.9 per share raising RMB ... ( read original story ...)
Millionaire withdraws entire savings in cash and orders bank to check notes after row
The man expressed his dismay at the service of the Bank of Shanghai, in China, although he did not specify from his side what happened. The bank said he became angry after being asked to wear a face m ... ( read original story ...)
Reinsurer to help elevate Shanghai’s position as world financial center
According to Swiss Re, Shanghai has made solid progress in the construction of an international financial center, evidenced by the continual rise in its global rankings. Shanghai ranked third among ... ( read original story ...)
Chinese securities regulator toughens supervision over IPO filings
China's securities regulator vowed on Wednesday to strengthen supervision over new share offerings, revealing that 245 firms have withdrawn IPO filings on the STAR Market in Shanghai and ChiNext board ... ( read original story ...)
With Ant Group being overhauled, its record IPO is in limbo
Bankers have slashed Ant’s valuation from $280bn to as low as $78bn as it is slammed with myriad restrictions. ( read original story ...)
Jack Ma’s Terrible Year Ends With Uncertainty Over Ant Group’s Record IPO
Jack Ma, founder of Ant Group, finds himself in a situation where the registration for Ant's $35 billion initial public offering is set to officially expire Wednesday after China snuffed out the ... ( read original story ...)