IPOs & Markets
While the offering size is yet to be finalised, the IPO is likely to be at least in the billion-dollar bracket.
In 2016, P2P platforms in China loaned $61.5 billion, versus a total 12.65 trillion yuan ($1.78 trillion) in loans made by commercial banks, according
Lufax has already started the process of applying for a licence in consumer finance, a business which it intends to focus on.
Bankers are rushing to submit requests for clarification of the rules by Sunday, when the consultation period closes.
The stake has been put up for sale via the Beijing Financial Assets Exchange.
PICC plans to issue up to 4.6 billion A-shares in a Shanghai IPO.
CATL said the funds from the listing on the Shenzhen bourse will help drive the company's expansion at a time when demand for electric car batteries i
The money will come from a non-government bailout insurance security fund for the insurance industry which will temporarily take a stake in Anbang.
One of the IPOs will be on the Shanghai bourse, one is on the Shenzhen Small & Medium Enterprise board, and the other is on the ChiNext board
Jia Yueting had his name and ID number splashed on China’s defaulter website after failing to satisfy a court order to pay Ping An Securities Group
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