Markets

NetEase Cross-Border E-Commerce Platform Kaola Plans Independent Financing, Could Carry Out IPO

NetEase Cross-Border E-Commerce Platform Kaola Plans Independent Financing, Could Carry Out IPO

Kaola, a cross-border e-commerce platform operated by Chinese internet giant NetEase, Inc. [NASDAQ:NTES], is expected to bring independent financing and…

Nov 24, 2017
Dou Shicong
Shanghai Composite Index Suffers Biggest Daily Decline in the Year on Profit Taking

Shanghai Composite Index Suffers Biggest Daily Decline in the Year on Profit Taking

Due to large gains of blue-chip stocks recently, the Shanghai and the Shenzhen stock markets closed down sharply yesterday, with…

Nov 24, 2017
Xu Wei
Aurora Optoelectronics to Acquire Dutch Semiconductor Manufacturer Ampleon for USD1 Billion

Aurora Optoelectronics to Acquire Dutch Semiconductor Manufacturer Ampleon for USD1 Billion

Aurora Optoelectronics Co. [SHA:600666], based in China’s northern Heilongjiang province, intends to indirectly acquire a 77.41 percent share of the…

Nov 23, 2017
Dou Shicong
China’s Listed Firms Are Selling Assets, Shifting Debts to Improve Year-End Bottom Line

China’s Listed Firms Are Selling Assets, Shifting Debts to Improve Year-End Bottom Line

Many A-share listed companies have begun selling their assets as the year comes to a close, with several non-real estate…

Nov 23, 2017
Liao Shumin
Year-to-Date Rise in Value of China’s ‘Big Three’ Tech Firms Surpasses Amazon’s Market Cap

Year-to-Date Rise in Value of China’s ‘Big Three’ Tech Firms Surpasses Amazon’s Market Cap

US stocks have been hitting new highs this year, with top tech firms rising as much as 60 percent, but…

Nov 23, 2017
Qian Tongxin
Er-Kang Pharma Inflated 2016 Profit by CNY200 Million Due to Major Accounting Errors

Er-Kang Pharma Inflated 2016 Profit by CNY200 Million Due to Major Accounting Errors

Hunan Er-Kang Pharmaceutical Co. [SHE:300267] will resume share trading today after a six-month suspension, the firm said in a statement…

Nov 23, 2017
Liao Shumin
Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Nov 23, 2017
Dou Shicong
Hang Seng Index Passes 30,000 Points for First Time in 10 Years, Closes In On All-Time High

Hang Seng Index Passes 30,000 Points for First Time in 10 Years, Closes In On All-Time High

The Hang Seng Index, which has been on the rise since the beginning of the year, surpassed 30,000 points for…

Nov 23, 2017
Dou Shicong
SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

China’s big five listed express delivery companies -- SF Holding Co. [SHE:002352], YTO Express Group Co. [SHA:600233], ZTO Express (Cayman)…

Nov 22, 2017
Zhang Xia
Number of Firms Listing on China’s A-Share Market Hits New Annual High

Number of Firms Listing on China’s A-Share Market Hits New Annual High

As of yesterday, some 385 companies had gone public in China this year, marking a new annual high, state-owned news agency Xinhua reported.

Nov 22, 2017
Zhang Xia
China's Shares Back Off From High Near Lunch

China's Shares Back Off From High Near Lunch

After a scintillating showing in the early forenoon, China's stock markets ebbed from their high tide line in ensuing trading, with only the Shanghai index closing up at the lunch bell.

Nov 22, 2017
Dou Shicong

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