Gains in Shanghai stocks led by Yang Quan Coal Industry Group Co Ltd and losses by Guizhou Chitianhua Co Ltd * China's A-shares are at 30.16 percent premium over H-shares SHANGHAI, Feb 2 (Reuters) - China stocks reversed earlier losses and ended higher on ... ( read original story ...)
Foxconn shareholders approve plan to list unit in Shanghai
TAIPEI (Reuters) - Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said on Wednesday its shareholders had approved a plan to list its subsidiary, Foxconn Industrial Internet Co Ltd (FII), on the Shanghai Stock Exchange. ( read original story ...)
Wanda gets lift as Tencent-led group invests $5.4 billion in property unit
The Shanghai IPO has, however, been held up by mainland regulatory measures to tighten liquidity in the real estate sector. Wanda said in a statement that with its new investors it was looking to take the unit public "as soon as possible". The Tencent-led ... ( read original story ...)
Equities extend losses, led by real estate, bank firms
SHANGHAI - China stocks extended losses on Tuesday, led by real estate and banking firms, as investors pocketed gains after a sell-off in Apple shares triggered a downturn on Wall Street. At the close, the Shanghai Composite Index was down 34.81 points ... ( read original story ...)
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Shanghai to expand access to overseas funding for companies as part of plan for free port
Chen Bo, a professor at the Huazhong University of Science and Technology and adviser to local governments including Shanghai’s, said the wish list included the liberalisation of yuan’s capital account, loosened customs oversight and the geographic ... ( read original story ...)
China stocks fall from 2-yr highs, led by consumer firms; Hong Kong flat
SHANGHAI, Jan 29 (Reuters) - China stocks dropped from two-year highs on Monday morning, as investors booked profits in consumer and healthcare firms that recently rallied firmly. ** At 04:03 GMT, the Shanghai Composite index was down 19.15 points or 0.54 ... ( read original story ...)