Markets

China Officially Opens Mainland Stock Markets to Foreign Individual Investors

China Officially Opens Mainland Stock Markets to Foreign Individual Investors

After months of groundwork, China’s top securities regulator has officially opened up the country’s stock markets to foreign individual investors,…

Sep 17, 2018
Liao Shumin
Hengli Sets Out Plans to Become World’s Largest PTA Producer

Hengli Sets Out Plans to Become World’s Largest PTA Producer

Hengli Petrochemical aims to become the biggest maker of purified terephthalic acid globally as the Chinese chemical giant looks to…

Sep 17, 2018
Xu Wei
Pinduoduo Stock Rose 34% Last Week, Briefly Making Its Boss Richer Than Xiaomi’s Lei Jun

Pinduoduo Stock Rose 34% Last Week, Briefly Making Its Boss Richer Than Xiaomi’s Lei Jun

Shares in Chinese e-commerce platform Pinduoduo soared 34 percent last week after hitting a new high and making its founder…

Sep 17, 2018
Xu Wei
AI-Based Educator LAIX Prices New York IPO at USD11.5 to USD13.5 a Share

AI-Based Educator LAIX Prices New York IPO at USD11.5 to USD13.5 a Share

LAIX, the firm behind artificial intelligence-based learning app Liulishuo, has priced its shares at between USD11.5 and USD13.5 in a…

Sep 17, 2018
Xu Wei
Chong Sing Holdings FinTech Group Shreds Bonitas Short-Selling Report

Chong Sing Holdings FinTech Group Shreds Bonitas Short-Selling Report

Hong Kong-listed Chong Sing Holdings FinTech Group [HK: 8207] strongly refuted a short-selling report by US Bonitas Research in a…

Sep 14, 2018
Xu Wei
 NIO’s 76% Share Price Surge Bolsters Partners’ Stocks

NIO’s 76% Share Price Surge Bolsters Partners’ Stocks

Partners of China’s Nio have seen their share prices surge after the electric carmaker posted a nearly 76 percent gain on the New York Stock Exchange today (Beijing time).

Sep 14, 2018
Xu Wei
Beijing Court Forces Stock Fixer Xian Yan to Pony Up USD506 Million Fine

Beijing Court Forces Stock Fixer Xian Yan to Pony Up USD506 Million Fine

A Beijing court has issued a compulsory execution order dictating that Xian Yan, who was charged last year for manipulating…

Sep 13, 2018
Liao Shumin
111 Becomes the First Chinese Online Medical Firm to List in US

111 Becomes the First Chinese Online Medical Firm to List in US

Digital and mobile healthcare platform 1 Drugstore’s parent company 111 [NASDAQ:YI] listed on the Nasdaq Stock Market yesterday, becoming…

Sep 13, 2018
Xu Wei
China's Anta Sports Offers USD5.5 Billion to Buy Finland’s Peak Performance-Owner Amer

China's Anta Sports Offers USD5.5 Billion to Buy Finland’s Peak Performance-Owner Amer

China's Anta Sports Offers USD5.5 Billion to Buy Finland’s Peak Performance-Owner Amer. China's sportswear company Anta Sports Products plans to…

Sep 13, 2018
Xu Wei
Century Huatong to Buy Shengyue Network for USD4.35 Billion

Century Huatong to Buy Shengyue Network for USD4.35 Billion

Zhejiang Century Huatong Group plans to buy 100 percent of Shanghai Yaoquru Capital Partnership’s stake in Shengyue Network Technology Shanghai by issuing shares or paying in cash.

Sep 12, 2018
Xu Wei
China Equities Slide; Shanghai Drops to Lowest in Over 2 1/2 Years

China Equities Slide; Shanghai Drops to Lowest in Over 2 1/2 Years

Chinese stocks fell today, with the Shanghai benchmark declining to its lowest level in more than two and half years.

Sep 12, 2018
Xu Wei
Chinese Hotpot Restaurant Haidilao to Hit HKEX on Sept. 26

Chinese Hotpot Restaurant Haidilao to Hit HKEX on Sept. 26

Chinese hotpot chain Haidilao has confirmed its almost USD1 billion initial public offering, with cornerstone investments from Hillhouse Capital and…

Sep 12, 2018
Tang Shihua

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