Hong Kong stocks recovered some ground after sinking the most in two weeks on Monday as investors judged Hillary Clinton the winner of a US presidential debate. Casinos and banks led gains.
Jamie Dimon and Sergio Ermotti starred in the roadshow promoting Postal Savings Bank of China Co's share sale. Yet the executives' participation in this year's biggest initial public offering also serves as a reminder that investing in Chinese banks isn't what it used to be.
China's expanding Belt and Road Initiative will further integrate with the development programs of partner countries - including Indonesia's Maritime Power Strategy - for a new growth momentum to boost the region's economy, senior government officials said on Monday.
Stretching across Eurasia and Africa, with its huge ribbon of newly-developed infrastructure, the high-profile Belt and Road Initiative stands out as a refreshing example of growth for manufacturers and producers in China's energy-guzzling heavy industries - that are grappling with the thorny issue of overcapacity at home - analysts said.
The ambitious China-led Belt and Road Initiative is set to turbocharge the use of renminbi in international trade and finance, pumping fresh oxygen into the currency's global outreach, an economist said.
Hong Kong is expected to remain the world's largest initial public offering market in 2016, backed by the large amounts of money raised by Chinese mainland financial services institutions, according to the new research report from global audit and advisory firm Deloitte.
China National Petroleum Corp, the country's biggest oil and gas producer, is a step closer to completing a backdoor listing of its engineering assets after its Shanghai-listed target company approved the plan.
Shanghai-listed China Merchants Securities has secured 11 cornerstone investors to take up $836m of shares, or about 63% of its Hong Kong IPO of HK$10.3b-$11.4b ($1.33b-$1.47b) at the bottom of the indicative price range.
Saturday mornings appear to be ideal for fitness-crazy Shanghai groups to have fun in the form of dance-like workouts outdoors.
The appetite of China's wealthy to diversify from a weakening yuan is helping European finance companies boost capital to prepare for the next financial crisis. Global fund managers are urging caution.
Sovereign fund China Investment Corp is reviewing options for its 30 percent stake in French multinational electric utility Engie SA's exploration and production business, which it had bought for 2.3 billion euros in 2011.
Nanjing dressmaker V-Grass Fashion Co has an audacious plan to become the Valentino of the Chinese fashion world, and buying a South Korean fast-fashion brand with more than six times as many stores in China is part of its move to get there.
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