STOCKS NEWS
  • The earliest time for the launch of the long-awaited Shanghai-London Stock Connect scheme might be the second half of this month, according to people who have the knowledge of the matter.One of the major reasons has to do with the United Kingdom"s impending exit from the European Union, and probably the earliest time people can expect might be in the second half of this month, according to a source who has the knowledge of the matter."We still need to see how the Brexit process proceeds," the so
    2021-08-21
  • Locked shares from around 200 listed companies will become eligible for trade on the Shanghai and Shenzhen stock exchanges in January.Calculated with previous closing prices, the shares are worth more than 270 billion yuan (about 39 billion U.S. dollars), according to data service provider ChinaDataPay.Six companies will see locked shares of more than 10 billion yuan made eligible for trade this month, including China CITIC Bank, Shenwan Hongyuan Securities and Bank of Chengdu.On Wednesday, Focu
    2021-08-21
  • China"s small-and medium-sized enterprises (SMEs) raised 60 billion yuan (8.76 billion U.S. dollars) on the country"s "new third board" last year, according to the National Equities Exchange and Quotations (NEEQ).The total number of companies traded on the board stood at 10,691 by the end of 2018, with aggregate capitalization at 3.45 trillion yuan, a NEEQ report said.Around 88.8 billion yuan of shares were transferred on the board last year. The value of preference shares offerings came in at 2
    2021-08-21
  • Chinese firms swept half of the globe"s top 10 biggest initial public offerings (IPOs) in 2018, with a surge in overseas flotations, a report by international accounting firm EY showed.Tech firms China Tower, Xiaomi, Foxconn Industrial Internet, Meituan and online entertainment platform iQiyi made into the world"s top 10 IPOs in terms of fund-raising, according to the EY report released Thursday.The report said it is estimated that 205 Chinese mainland firms were listed in Hong Kong this year, u
    2021-08-21
  • Stricter regulation helps improve quality, boost investment prospects, say expertsWith the slowdown in new initial public offerings in China in 2018, due to global trade tensions and stricter supervision, the number of companies waiting for IPO approval from the China Securities Regulatory Commission has contracted to a five-year low, according to an EY report released on Thursday.A total of 105 companies went public on the A-share market this year, down 76 percent from a year earlier. The total
    2021-08-21
  • China"s securities regulator will put into place more market-based reform measures to support the medium and long-term growth of the equities market, including the launch of a science and innovation board in Shanghai as soon as possible."To boost innovation and high-quality growth, we will promote the reform of fundamental rules (on the new board) in a coordinated way," the China Securities Regulatory Commission announced.Areas where the commission will push forward reforms on the new trading pl
    2021-08-21
  • News that some local governments have eased restrictions on housing sales hit the headlines this week, but the move received a lukewarm response from A-share investors.The sub-index tracking the nation"s property sector lead the slump in A shares on Friday, extending this week"s loss to 4.31 percent, according to financial information provider Wind Info.The relaxation of property sales restrictions in Guangzhou, Guangdong province and Heze, Shandong province this week did not improve investor se
    2021-08-21
  • Banking, property shares lead slump on bourses as fund managers book profitsEquities continued their downtrend on China"s A-share market on Friday, amid the sharp plunge in valuations this year.The benchmark Shanghai Composite Index fell by 0.79 percent to close at 2516.25 points on Friday, and ended the week 2.99 percent lower with a four-day losing streak. The smaller Shenzhen Component Index declined by 1.2 percent to 7337.60 points, while the ChiNext Index, China"s Nasdaq-style board of grow
    2021-08-21
  • Regulator to reduce "administrative intervention" in market transactionsThe Financial Stability and Development Committee on Thursday said China"s stocks have started to show promising signs of becoming valuable long-term investments, sending a positive signal to investors who are jittery about performance of the domestic A-share indexes in the year ahead.It also said that the regulator will reduce "administrative intervention" in market transactions, wording that was believed to be behind the r
    2021-08-21
  • Mainland companies" listings help financial hub to regain title in 2018Companies from the Chinese mainland are driving a bumper year for Hong Kong IPOs in 2018, helping the city to regain its much-coveted title as the world"s leading venue for going public.KPMG forecast a total of 208 firms will raise as much as HK$286.6 billion ($36.6 billion) this year, according to its annual IPO review released in Hong Kong on Tuesday.That means Hong Kong has topped the global rankings for IPO volumes this y
    2021-08-21
  • Initial public offerings (IPOs) are expected to raise 140 billion yuan (about 20.3 billion U.S. dollars) to 170 billion yuan on the Chinese mainland stock market next year, according to a report from auditing and consultancy firm Deloitte China.Around 110 to 150 companies are expected to go public on the A-share market in 2019, the China Securities Journal cited the report as predicting.This year, funds raised through IPOs on the market are likely to reach 140.2 billion yuan, the report estimate
    2021-08-21
  • Foreign investors" passion for A shares seen boosting marketForeign investors" increasing participation in China"s A-share trading will help improve market functioning and boost performance of large-cap equities and consumer stocks, analysts said.Foreign investors" role has become more important in recent years, they said.According to Aberdeen Standard Investments, a London-listed global asset manager, holdings of foreign investors in the A-share market accounted for about 2.5 percent of total m
    2021-08-21
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  • company_name : Shenzhen Consys Science&Technology Co., Ltd. . Date : 2004-02-27 . listing_date : 2020-10-22 . Stock_code : 688788.SH . stock_market : sh . address : 5/F, Avionics Engineering R&D Building, No. 7, Langshan Road, Gaoxin North District, Xili Street, Nanshan District, Shenzhen, Guangdong Province, China . zip : 518057 . phone : 86-755-86111131*8858 . fax : 86-755-86111130 . site : www.consys.com.cn .
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