Markets

Rastar Group Nets USD16 Million Selling Spanish Soccer Star to Villareal

Rastar Group Nets USD16 Million Selling Spanish Soccer Star to Villareal

Chinese model car maker Rastar Group, which indirectly holds a controlling stake in Spanish soccer outfit Real Club Deportivo Espanyol,…

Jun 12, 2018
Tang Shihua
Debt Default by CYTS Industrial’s Unit Beijing Gold Exposed, Causing Worries About Risk Spread

Debt Default by CYTS Industrial’s Unit Beijing Gold Exposed, Causing Worries About Risk Spread

A debt default by Beijing Gold Exchange Center that was exposed last month has spelled trouble for its parent company…

Jun 11, 2018
Wen Feng
Baidu May Become First US-Listed Chinese Company to Join CDR Scheme, Says Report

Baidu May Become First US-Listed Chinese Company to Join CDR Scheme, Says Report

China’s tech behemoth Baidu has selected Huatai Securities and Citic Securities as sponsors for issuing Chinese Depositary Receipts, CDRs, China…

Jun 11, 2018
Liao Shumin
Regulator Eyes Fundraising Ceiling Cap Over Unicorn Funds, Report Says

Regulator Eyes Fundraising Ceiling Cap Over Unicorn Funds, Report Says

China Securities Regulatory Commission, CSRC, has reportedly issued a supervision notice to six fund management companies yesterday, asking them to…

Jun 11, 2018
Liao Shumin
Chinese Property Firms Seek Offshore Funds as Local Investors Tire of Defaulters

Chinese Property Firms Seek Offshore Funds as Local Investors Tire of Defaulters

Chinese real estate firms raised CNY37.6 billion (USD5.9 billion) via offshore bonds in April, more than double the figure for…

Jun 11, 2018
Zhou Ailin
Shanghai Oriental Pearl Group Will Work With Foxconn in Web TV

Shanghai Oriental Pearl Group Will Work With Foxconn in Web TV

Shanghai Oriental Pearl Group Will Work With Foxconn in Web TV. State-run media mammoth Shanghai Oriental Pearl Group has teamed…

Jun 11, 2018
Dou Shicong
Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market

Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market

Foxconn Industrial Surges 44% on Debut to Become Most Valuable Tech Company on A-Share Market. The shares of Foxconn Industrial…

Jun 8, 2018
Xu Wei
Xiaomi Submits China's First CDR Application

Xiaomi Submits China's First CDR Application

Smartphone giant Xiaomi is set to become the first unicorn firm to take part in the China Depository Receipt pilot scheme at the Shanghai Stock Exchange after it filed an application yesterday.

Jun 8, 2018
Liu Jia
Karaoke App Changba Edges Closer to China Mainland IPO

Karaoke App Changba Edges Closer to China Mainland IPO

Beijing Kuzhi Technology, the firm behind Chinese karaoke app Changba, may submit papers for its initial public offering on the…

Jun 8, 2018
Liao Shumin
Overseas Investors Increase Positions in Chinese Treasuries Before Bloomberg Barclays Index Addition

Overseas Investors Increase Positions in Chinese Treasuries Before Bloomberg Barclays Index Addition

Overseas institutions have increased their investments in Chinese government bonds for the 16th consecutive month to CNY838.9 billion (USD131 billion)…

Jun 8, 2018
She Qingqi
China’s Securities Regulator Issues Rules for Tech Giants’ Possible CDR-Based Listing in A-Share Market

China’s Securities Regulator Issues Rules for Tech Giants’ Possible CDR-Based Listing in A-Share Market

The China Securities Regulatory Commission has today issued nine regulatory documents regarding the return of Chinese technology companies listed…

Jun 7, 2018
Du Qingqing
China Eases IPO, CDR Rules to Repatriate Tech Unicorns' Shares

China Eases IPO, CDR Rules to Repatriate Tech Unicorns' Shares

China's securities regulator has eased its rules regarding the minimum market value of emerging economy firms which want to repatriate…

Jun 7, 2018
Du Qingqing & Yuan Ziyi

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