Markets

Hengtong Optic-Electric Axes Plan to Acquire General Cable, Conceding to Competing Bidder

Hengtong Optic-Electric Axes Plan to Acquire General Cable, Conceding to Competing Bidder

Chinese cable company Jiangsu Hengtong Optic-Electric Co. [SHA:600487] has axed its plan to acquire General Cable Corp. [NYSE:BGC], conceding to a competing bidder.

Dec 7, 2017
Dou Shicong
All M&A, Restructuring Applications by Chinese A-Share Listed Companies Get Go-Ahead for Second Straight Month

All M&A, Restructuring Applications by Chinese A-Share Listed Companies Get Go-Ahead for Second Straight Month

The approval rate of China's A-share initial public offering (IPO) applications has kept declining as regulators tighten scrutiny. However, China’s…

Dec 6, 2017
Dou Shicong
China’s Securities Regulator Greenlights Listing Plan of Red Star Macalline Home Furniture, Firm Says

China’s Securities Regulator Greenlights Listing Plan of Red Star Macalline Home Furniture, Firm Says

Red Star Macalline Home Furniture Group Plc, a leading furniture enterprise in China, has seen its listing plan on the…

Dec 6, 2017
Dou Shicong
Late Tech Rally Sees China’s Stock Markets Close on a High

Late Tech Rally Sees China’s Stock Markets Close on a High

A buying spree lifted China’s stock market to a high note this afternoon, with the small-cap index closing up big after losing ground for most of the day.

Dec 6, 2017
Tang Shihua
Late Tech Rally Sees China’s Stock Markets Close on a High

Late Tech Rally Sees China’s Stock Markets Close on a High

A buying spree lifted China’s stock market to a high note this afternoon, with the small-cap index closing up big after losing ground for most of the day.

Dec 6, 2017
Tang Shihua
Chinese Lithium Firm Invests USD38 Million to Build Solid-State Battery Plant

Chinese Lithium Firm Invests USD38 Million to Build Solid-State Battery Plant

Jiangxi Ganfeng Lithium Co. [SHE:002460], a leading Chinese lithium product maker, plans to invest CNY250 million (USD38 million) to build…

Dec 6, 2017
Dou Shicong
Chinese Fraudster Loses USD27 Million After Botched Stock Manipulation

Chinese Fraudster Loses USD27 Million After Botched Stock Manipulation

(Yicai Global) Dec. 6 -- Despite a common perception that stock market players, legitimate investors and fraudsters, are savvier than…

Dec 6, 2017
Chen Juan
HNA Units Rack Up Debt Issuing Bonds With High Yields

HNA Units Rack Up Debt Issuing Bonds With High Yields

Moves in overseas markets over the past two years have led to debt problems at HNA Group Co. The Chinese…

Dec 6, 2017
Liao Shumin
US-Listed Chinese Companies’ ADRs Fall for 7th Straight Day in Longest Losing Streak in Over a Year

US-Listed Chinese Companies’ ADRs Fall for 7th Straight Day in Longest Losing Streak in Over a Year

Chinese companies listed in the US have extended their longest losing streak this year.

Dec 6, 2017
Xu Wei
China’s Semiconductor Stocks Prevail Over Market Slump as Investors Look to Snap Up Bargain Shares

China’s Semiconductor Stocks Prevail Over Market Slump as Investors Look to Snap Up Bargain Shares

China’s semiconductor stocks are charging up this afternoon, fending off an overall market slump as bargain hunters look to snatch up a few diamonds from the rough.

Dec 6, 2017
Tang Shihua
PBOC Conducts First Open Market Operations This Week, Still Pulls USD36 Billion From Banking System

PBOC Conducts First Open Market Operations This Week, Still Pulls USD36 Billion From Banking System

China's central bank, the People’s Bank of China (PBOC), resumed open market operations today after a three-day hiatus, issuing medium-term lending facilities (MLF) to match those maturing.

Dec 6, 2017
Tang Shihua

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