Markets

Rising Dollar Kicks Yuan to Three-Month Low

Rising Dollar Kicks Yuan to Three-Month Low

Rising Dollar Kicks Yuan to Three-Month Low. The onshore yuan-dollar spot exchange rate closed at 6.3784 yesterday, erasing all redback gains over the past three months.

May 10, 2018
Xu Wei
Chinalin Gets Stuck in IPO Limbo While Securities Peers Push Ahead

Chinalin Gets Stuck in IPO Limbo While Securities Peers Push Ahead

Chinalin Gets Stuck in IPO Limbo While Securities Peers Push Ahead. Chinalin Securities Co. was the first of five securities…

May 10, 2018
Yin Jingfei & Yuan Ziyi
Ascletis Is First Pre-Revenue Biotech Firm to Eye Hong Kong IPO Under New Listing Rules

Ascletis Is First Pre-Revenue Biotech Firm to Eye Hong Kong IPO Under New Listing Rules

Ascletis Pharma Inc. has filed to go public in Hong Kong and become the first biotech company to float in…

May 9, 2018
Liao Shumin
China Plans to Introduce Real Estate Investment Trust Initial Public Offerings This Year

China Plans to Introduce Real Estate Investment Trust Initial Public Offerings This Year

China is accelerating the process of securitization of residential rental property assets as real estate and asset management firms introduce…

May 8, 2018
Liao Shumin
China’s State-Run Investment Bank Lauds Healthcare Stocks Ahead of MSCI Semiannual Index Review

China’s State-Run Investment Bank Lauds Healthcare Stocks Ahead of MSCI Semiannual Index Review

With Morgan Stanley Capital International Inc., better known as MSCI Inc., slated to announce the first list of Chinese A-share…

May 8, 2018
Xu Wei
WuXi AppTec IPO Raises USD900 Million in Shanghai Homecoming; Shares Gain 44%

WuXi AppTec IPO Raises USD900 Million in Shanghai Homecoming; Shares Gain 44%

Leading biotech firm WuXi AppTec Co. raised CNY5.74 billion (USD900 million) in an initial public offering in Shanghai today,…

May 8, 2018
Xu Wei
Hang Seng Composite Will Include Differential Rights Shares in 3rd Quarter

Hang Seng Composite Will Include Differential Rights Shares in 3rd Quarter

Hang Seng Indexes Co. (HSI) will expand the scope of the Hang Seng Composite Index by admitting three new categories, including…

May 8, 2018
Liao Shumin
Foreign Investors Took China Bond Holdings to Record High USD181 Billion in April

Foreign Investors Took China Bond Holdings to Record High USD181 Billion in April

Foreign Investors Took China Bond Holdings to Record High USD181 Billion in April

May 8, 2018
Liao Shumin
China’s Forex Reserves Dipped to Five-Month Low in April Amid Dollar Rally

China’s Forex Reserves Dipped to Five-Month Low in April Amid Dollar Rally

China’s foreign exchange reserves fell by almost USD18 billion through April to hit a five-month low in the wake of a rising dollar.

May 8, 2018
Tang Shihua
HKEx Sets Up Advisory Panel to Assist With Biotech IPO Reviews After Rule Change

HKEx Sets Up Advisory Panel to Assist With Biotech IPO Reviews After Rule Change

Hong Kong Stock Exchange (HKEx) has established a 13-person advisory panel dedicated to the biotech industry to assist the exchange…

May 7, 2018
Dou Shicong
Good Doctor Shares Fall Below Offer Price, Possibly Delaying Other Ping An IPOs

Good Doctor Shares Fall Below Offer Price, Possibly Delaying Other Ping An IPOs

Shares in Ping An Healthcare and Technology Co., also known as Ping An Good Doctor, slid below their offering price…

May 7, 2018
Xu Wei
Lenovo Gets Boot From Hang Seng Index, Again

Lenovo Gets Boot From Hang Seng Index, Again

The Hang Seng Index, a benchmark for the Hong Kong Stock Exchange, has once again removed Chinese technology firm Lenovo…

May 7, 2018
Liao Shumin

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