shenwan hongyuan

Belatedly following six bigger rivals, the Shanghai-based brokerage is to tap the Hong Kong market for funding with the city’s biggest IPO so far this year. The timing could be propitious.

More than four years after making its initial listing application, the city commercial bank is finally ready to float its shares on the stock exchange.

Country Garden and Dongxing Securities take advantage of calm market conditions ahead of potential rate induced volatility.