Markets

CFFEX to Boost Market With Two-Year Bond Futures Launch This Month

CFFEX to Boost Market With Two-Year Bond Futures Launch This Month

China Financial Futures Exchange (CFFEX) will commence trading of two-year treasury bond futures in mid-August, adding a new instrument for…

Aug 6, 2018
Huang Siyu & Wang Juanjuan
China Pacific Insurance Will Spend USD1.5 Billion on Old Folks Homes

China Pacific Insurance Will Spend USD1.5 Billion on Old Folks Homes

Lured by the staggering size of China's eldercare market, China Pacific Insurance Group has decided to branch out into the…

Aug 3, 2018
Yang Qianwen & Du Chuan
Latest Yuan-Dollar Central Parity Unrest Differs From 811 Devaluation Exodus

Latest Yuan-Dollar Central Parity Unrest Differs From 811 Devaluation Exodus

China's currency has weakened from the psychological upper level of 6.7 versus the US dollar, sliding past the 6.8 mark…

Aug 2, 2018
Zhou Ailin & Song Yikang
Retailer Xinbai Buys Hong Kong Biotech Firm to Get Cancer Treatment Asset

Retailer Xinbai Buys Hong Kong Biotech Firm to Get Cancer Treatment Asset

Xinjiekou Department Store, also known as Xinbai, has bought Hong Kong-based Shiding Shengwu Biotechnology for its US asset's innovation for prostate cancer treatment.

Aug 2, 2018
Xu Wei
Speculators Are Ducking Out as China’s Stock Markets Become More Value Based

Speculators Are Ducking Out as China’s Stock Markets Become More Value Based

As an increasing number of institutional investors bet on the Chinese mainland’s stock markets, fundamental value-based philosophies are taking over…

Aug 1, 2018
Guo Luqing
Berry Genomics Scraps Plans for Bionano Bonds After Beijing Vetoes Deal

Berry Genomics Scraps Plans for Bionano Bonds After Beijing Vetoes Deal

Berry Genomics, which offers DNA prenatal testing services, has dropped plans to buy USD5 million worth of convertible bonds from American peer Bionano Genomics after Beijing shut the deal down.

Jul 31, 2018
Liu Jing & Tang Shihua
Suning.Com Posts Nearly 20-Fold Jump in Profits in First Half

Suning.Com Posts Nearly 20-Fold Jump in Profits in First Half

China's e-commerce giant Suning.Com has reported CNY6 billion net profit in the first half, which is over 19.5 times higher than that of last year's.

Jul 31, 2018
Wang Hai
New Bourse Rules: Harming Public Health May Cause Delisting Order

New Bourse Rules: Harming Public Health May Cause Delisting Order

New Bourse Rules: Harming Public Health May Cause Delisting Order

Jul 30, 2018
Du Qingqing
Pinduoduo Nets USD1.6 Billion in Nasdaq Listing as Shares Soar 40%

Pinduoduo Nets USD1.6 Billion in Nasdaq Listing as Shares Soar 40%

Tencent-backed Pinduoduo [NASDAQ:PDD] raised USD1.6 billion on its Nasdaq debut with shares closing up 40.5 percent at USD26.7, valuing the bulk-buy platform at USD29.6 billion.

Jul 27, 2018
Liao Shumin
BlackRock's First China Private Fund Will Activate Late This Month

BlackRock's First China Private Fund Will Activate Late This Month

BlackRock, the world’s biggest asset manager, will soon start its first Chinese private fund which it has successfully registered and filed with local authorities. 

Jul 26, 2018
Liao Shumin
Pinduoduo Prices IPO at Top of Range, Valuing Shopping Platform at USD24 Billion

Pinduoduo Prices IPO at Top of Range, Valuing Shopping Platform at USD24 Billion

Tencent-backed Pinduoduo, China’s leading online group discounter, has priced its initial public offering at the top of its range ahead of today’s Nasdaq listing.

Jul 26, 2018
Liao Shumin
Kangtai Biological Products’ Controller to Buy USD9 Million Shares

Kangtai Biological Products’ Controller to Buy USD9 Million Shares

Shenzhen Kangtai Biological Products announced on July 25 that the company's controlling shareholder Du Weimin plans to buy at least…

Jul 25, 2018
Liao Shumin

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