After two years, Central China Securities has scrapped its plans for an initial public offering in Shanghai as the mainland brokerage believes it will be easier and quicker to raise up to US$400 million in Hong Kong.Tuesday, 11 March, 2014, 12:35am
When you are reputed to be London's most highly paid hedge fund manager, you can afford to indulge in a few whims. David Harding's whims are a tad unusual, however.12 Apr 2013 - 5:43am
China Life Insurance, the mainland's biggest insurer, said profit slumped for a second consecutive year, with net income falling 40 per cent to 11.06 billion yuan (HK$13.68 billion), or 0.39 yuan a share.28 Mar 2013 - 6:31am
Zhao Huxiang said Nanjing Tanker would be suspended from the Shanghai stock exchange this year if it reported a net loss for 2012, which would be its third consecutive negative result.21 Mar 2013 - 5:20am
Mainland equity investors initially appeared unimpressed with the appointment of Xiao Gang as the chairman of the China Securities Regulatory Commission. When he took office on Monday, the Shanghai market fell 1.68 per cent. But the market rebounded 0.78 per cent and 2.66 per cent in the next two days.21 Mar 2013 - 5:34am
A joint venture of Hong Kong, Shanghai and Shenzhen stock exchanges will launch two new indices today and will this month allow the first batch of financial companies to use the indices for launching derivative products.18 Mar 2013 - 2:17am
Hong Kong and Shanghai-listed China Cosco Holdings could face a revolt by minority shareholders in China as it risks being delisted from the Shanghai stock exchange when it posts its third net loss in a row.7 Feb 2013 - 5:16am
Davis Zhang, a long-term victim of the collapse of the mainland's hard-currency B-share market, dismisses reports that the market regulator plans to bail out investors as more empty promises.14 Jan 2013 - 7:21am
The Shanghai Stock Exchange, following in the footsteps of the country's securities regulator, is pushing companies to pay bigger dividends to their shareholders, in the latest effort by the authorities to boost the flagging stock market.9 Jan 2013 - 4:08am
Beijing is weighing the introduction of a depository receipt system in the country's bond market to direct a part of the debt currently traded on the interbank market to the domestic stock exchanges.27 Dec 2012 - 1:59am
As chairman of German financial giant Allianz, Michael Diekmann is constantly on the go around the world, keeping up with the company's 142,000 employees and 78 million customers in 70 countries.17 Dec 2012 - 5:30am
Global insurer Allianz is among the large number of foreign companies that are lining up to list on Shanghai's proposed international board.
Other companies that have indicated an interest in obtaining a listing on the new board include HSBC, Bank of East Asia, Coca-Cola and the New York Stock Exchange.17 Dec 2012 - 5:31am
The relationship between the Hong Kong stock exchange and its mainland counterparts entered a new chapter this week with a joint venture set up to boost co-operation. But there is a big question mark over whether the three can really become partners.7 Nov 2012 - 2:05pm
A joint venture of the stock exchanges of Hong Kong, Shanghai and Shenzhen will launch three indices in the next two months to track cross-border stocks.
China Exchanges Services, the HK$300 million venture equally owned by the Hong Kong Exchanges and Clearing, Shanghai Stock Exchange and Shenzhen Stock Exchange, was officially set up yesterday.31 Oct 2012 - 2:30am
Stocks in Shanghai and Hong Kong rose yesterday on investor hopes that Beijing may soon issue stimulus measures to support the mainland's economic growth.
Speculation about new market support intensified yesterday, with traders and analysts expecting Premier Wen Jiabao may announce some policies to encourage more investment and boost domestic consumption.20 Jul 2012 - 12:00am