China

Chinese Bank Wealth Units Seek to Smooth Performance Amid Redemptions

The asset management arms of some Chinese banks are turning to an accounting method that smoothes out the performance of wealth management products as they try to stem a rise in redemptions, two sources familiar with the matter told Reuters.

1 month, 2 weeks ago

Nasdaq halts IPOs of small Chinese companies as it probes stock rallies

Nasdaq has put the brakes on IPO preparations of at least four small Chinese companies while it investigates short-lived stock rallies of such firms following their debuts, according to lawyers and bankers who work on such stock launches.

3 months, 1 week ago

China's first publicly traded rental property REITs snapped up by investors

China's first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening up a new financing channel for the struggling real estate sector.

5 months, 1 week ago

Didi sets shareholder meeting to vote on U.S. delisting plans

China's regulator says Didi delisting does not concern other U.S. listed Chinese firms

9 months, 3 weeks ago