Markets

Guosheng Investment to Follow in Footsteps of Kunlun to Sell Shares of Microcredit Firm Qudian

Guosheng Investment to Follow in Footsteps of Kunlun to Sell Shares of Microcredit Firm Qudian

Guosheng Investment to Follow in Footsteps of Kunlun to Sell Shares of Microcredit Firm Qudian. Hong Kong Guosheng Investment mulls…

May 31, 2018
Tang Shihua
Xiaomi Set to Issue First-Ever CDRs on July 16

Xiaomi Set to Issue First-Ever CDRs on July 16

Smartphone giant Xiaomi is set to become the first company to take part in the China Depository Receipt pilot scheme with plans for an offering on the Shanghai Stock Exchange on July 16.

May 31, 2018
Xu Wei
Wealth Manager Noah Holdings Gets Fined in Hong Kong’s Latest Push to Curb Risk

Wealth Manager Noah Holdings Gets Fined in Hong Kong’s Latest Push to Curb Risk

Hong Kong’s Securities Regulator Fines Noah Holdings for Regulatory Breaches in Latest Crackdown. Hong Kong’s Securities and Futures Commission reprimanded…

May 30, 2018
Luo Qi
MSCI to Stride Ahead With China’s Inclusion in Emerging Markets Index

MSCI to Stride Ahead With China’s Inclusion in Emerging Markets Index

MSCI does not expect to add frequent, small batches of Chinese mainland shares to its Emerging Markets Index once the…

May 30, 2018
Zhou Ailin
Would-Be Foxconn Investors Bail on USD7 Million Worth of Shares in Upcoming IPO

Would-Be Foxconn Investors Bail on USD7 Million Worth of Shares in Upcoming IPO

Investors have abandoned nearly CNY46 million (USD7 million) worth of shares they subscribed to in Foxconn Industrial Internet, the biggest…

May 30, 2018
Liao Shumin
China Is Pushing Two-Year Treasury Bond and Forex Futures to Combat Financial Risk

China Is Pushing Two-Year Treasury Bond and Forex Futures to Combat Financial Risk

China Financial Futures Exchange is pushing the listing of two-year Treasury bond futures and researching foreign exchange futures products to…

May 30, 2018
Tang Shihua
WuXi AppTec Beats Its Own Record as Most Profitable New Stock for the Year

WuXi AppTec Beats Its Own Record as Most Profitable New Stock for the Year

WuXi AppTec Beats Its Own Record as Most Profitable New Stock for the Year. Chinese unicorn WuXi AppTec Group continues…

May 29, 2018
Xu Wei
China’s Central Bank Governor Says Financial Sector Has Much Room for Further Opening

China’s Central Bank Governor Says Financial Sector Has Much Room for Further Opening

China’s Central Bank Governor Says Financial Sector Has Much Room for Further Opening. China’s financial sector still has plenty of…

May 29, 2018
Tang Shihua
Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index

Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index

Central Parity Rate of Yuan Against Dollar Hits Four-Month Low on Strong Dollar Index. The central parity rate of the…

May 29, 2018
Xu Wei
Shanghai-London Stock Connect Not to Become a High-Rise on a Beach, CSRC Says

Shanghai-London Stock Connect Not to Become a High-Rise on a Beach, CSRC Says

China Securities Regulatory Commission remains vigilant on ensuring stability amid capital outflows amid its plan to launch the first…

May 29, 2018
Xu Wei
Alibaba Merges Key Healthcare Units to Ward Off Competition

Alibaba Merges Key Healthcare Units to Ward Off Competition

Alibaba Group Holding will sell the flagship pharmacy service on its premium e-commerce platform Tmall to medical unit Alibaba Health in a HKD10.6 billion…

May 29, 2018
Xu Wei
JD Finance Refutes IPO Reports, No Listing Timetable for Now

JD Finance Refutes IPO Reports, No Listing Timetable for Now

JD.Com’s financial services arm has rebutted reports that it may float on China’s A-share market in 2019 or 2020, stating…

May 29, 2018
Liao Shumin

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