Edition:
United States

Samuel Shen

Fee bonanza on China's STAR Market IPOs passes by Western banks

Sep 15 2020

HONG KONG A fee bonanza on China's Nasdaq-style STAR Market, which is set to surge with Ant Group's mega-listing, is passing Western banks by due to their limited local presence and worries about a unique co-investment rule for managing IPOs.

China tech veterans to launch 'domestic replacement' fund amid U.S. sanctions

Sep 08 2020

SHANGHAI Chinese tech veterans, including former executives at Huawei and SMIC, are planning to launch a "domestic replacement" fund by the end of the year to help create China's next tech giant and support Chinese companies sanctioned by Washington.

CITIC Securities set for role in Ant Group's up to $30 billion IPO - sources

Sep 04 2020

HONG KONG/SHANGHAI China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with knowledge of the matter said.

Vanguard's China fund market strategy under a cloud after Asia setbacks

Aug 31 2020

SHANGHAI/HONG KONG As Vanguard Group doubles down on mainland China's $2.6 trillion mutual funds market, the U.S. asset manager faces challenges similar to those that forced it to abandon Hong Kong, Japan and Singapore.

Job losses loom as Vanguard closes Hong Kong, Japan operations

Aug 26 2020

By Samuel Shen, Andrew Galbraith, Scott Murdoch and Ross Kerber

RPT-UPDATE 1-Shenzhen's ChiNext challenges Shanghai, adds fuel to 'technology war' with U.S.

Aug 23 2020

SHANGHAI, Aug 21 As companies prepare to list on the start-up board ChiNext under a new U.S.-style IPO system on Monday, China's Shenzhen will officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.

Shenzhen's ChiNext challenges Shanghai, adds fuel to 'technology war' with U.S

Aug 21 2020

SHANGHAI As companies prepare to list on the start-up board ChiNext under a new U.S.-style IPO system on Monday, China's Shenzhen will officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.

Shenzhen's ChiNext challenges Shanghai, adds fuel to 'technology war' with U.S.

Aug 21 2020

* Some 18 firms to list on Shenzhen's revamped ChiNext on Monday

China govt-backed class actions take aim at corporate fraud - with limits

Aug 20 2020

SHANGHAI/HONG KONG China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy government involvement means they are not likely to be as common as in other legal systems, lawyers and investors said.

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