Chinese brokerage valuations have surged to their highest level in more than four years as Shanghai's surging stock market improves the prospects for trading revenue.
The CSI 300 Index rose for a 12th day on Monday, the longest stretch of gains on record, as investors snapped up shares of brokerages and the nation's biggest companies on speculation the market's world-beating rally has further to run.
China's stock market continues to surge, sending the Shanghai Composite Index to a three-year high and extending its gain during the past month to 22 percent amid record trading.
Convertible bonds issued in the Chinese mainland gained the most in more than seven years last week and the co-manager of a fund that returned 57 percent in 2014 said he remained bullish, even after the nation's world-beating equity rally.
After the launch of Shanghai-Hong Kong Stock Connect, the next important development that investors are waiting for is a shelf registration system for share issues.
Policy | Zhang Chunyan
Ningbo port is actively expanding its railway links with China's northwestern region, in an effort to better connect with Central Asia to implement the Silk Road Economic Belt strategy.
Venture capital and private equity deals made in China reached a record high in the first 11 months of 2014, benefiting from the rising number of startup companies and the restructuring of State-owned enterprises, according to a report.
Technology firms have led the charge in initial public offerings around the globe in 2014, and the world's two largest economies continue to be the driving forces behind the trend, according to experts.
Driving around Hangzhou Bay New Zone, with its large areas of factory facilities, high-rise office buildings and residential properties dotted among a network of far-stretching highways, it is hard to imagine that just a few years ago this was little more than a foreshore that drew scant outside attention.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
