The balance of loans in Shanghai stood at 8.39 trillion yuan (about 1.28 trillion U.S. dollars) at the end of November, up 6 percent year on year. The balance of loans in Chinese yuan reached 7.73 ... ( read original story ...)
Chinese cancer biotech Gracell Biotechnologies files for a $100 million US IPO
G racell Biotechnologies, a Phase 1 Chinese biotech developing CAR-T cell therapies for cancer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company aims ... ( read original story ...)
China’s stock exchanges and ‘Millionaire Yang’ mark 30 years of pride, fascination with Communist-style capitalism
The birth of China’s stock market 30 years ago has been a source of pride and fascination for the nation. The rags-to-riches tale of pioneer trader ‘Millionaire Yang’ is an inspiration to its 175 ... ( read original story ...)
China Market Update: FTSE’s Index Rebalance Drives Asian Equity Volumes, Week In Review
Foreign investors bought a whopping $1.2 billion worth of Mainland stocks, bringing the year-to-date cumulative inflow to nearly $25 billion. ( read original story ...)
China to dominate world IPO league in 2020: report
The Hong Kong and Shanghai stock exchanges are expected to rank second and third among global exchanges for the amount of "IPO proceeds," consisting of funds raised from IPOs and secondary ... ( read original story ...)
China-Based Companies Raised $11.7 Billion Through U.S. IPOs This Year, the Most Since 2014
China-based companies raised $11.7 billion through IPOs in the U.S. this year, the most since 2014, according Renaissance Capital. ( read original story ...)
Nikkei 225 dips as investors react to Bank of Japan rate decision in a mixed Asia-Pacific session
The Bank of Japan on Friday announced a six month extension in the duration of its special program aimed at easing corporate financing pressures. ( read original story ...)