shanghai

The structure of the bonds allows Chinese corporates to raise funds in multiple currencies with an onshore issuance. The Yulan bond market is still small.

The moves, which will allow mainland Chinese investors to trade the stock, follow Alibaba's recent primary listing on the Hong Kong Stock Exchange.

Domestic investors are supporting local technology companies, allowing tech giants like Ant Group to select Hong Kong and Shanghai for its IPO.

Last year saw the largest number of offshore listings by Chinese firms since 2010, but a new board in Shanghai may see Chinese tech firms opt to float domestically rather than in Hong Kong or New York.

Bad-loan manager and white goods maker add to surge of Chinese credits accessing the dollar-denominated bond market.

In mid-June China’s stock markets rallied to seven-year highs but by the opening days of July it had all come crashing down.

With millionaires on tap, the country holds promise for top auction houses.

Existing shareholders take up 71% of the $3.2 billion deal and the combined demand exceeds $200 billion.

Around 40 B-share companies could make the conversion to a Hong Kong listing.