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Asia Top News and Analysis Shanghai

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  • BoCom shares Surge 80% in Shanghai Listing Monday, 14 May 2007 | 10:27 PM ET

    Shares in Bank of Communications soared 80% as they listed in Shanghai on Tuesday, after the bank's Shanghai initial public offering attracted a record $189 billion in subscriptions.

  • Chinese Stocks Climb Despite Regulator's Crackdown Monday, 14 May 2007 | 1:03 AM ET

    China's main stock index climbed 0.80% to just below its record high on Monday as investors shrugged off an announcement by the securities regulator that it would crack down on insider trading and share manipulation.

  • Chinese central bank chief Zhou Xiaochuan acknowledged on Sunday that a bubble in the country's stock market was a concern and said the central bank was monitoring asset prices along with inflation.

  • The Shanghai stock exchange is in talks with HSBC and other high-profile foreign firms to list their shares in mainland China, as part of its strategy to revive the recently moribund bourse, the Financial Times reported on Tuesday.

  • Cars for Developing Markets Monday, 23 Apr 2007 | 12:17 PM ET
    Renault Logan

    At last week's Shanghai Auto Show, the GM CEO got an up-close view of the latest trend in the auto business -- cheap cars for developing markets. Oh make no mistake; this is not a trend that Wagoner is just stumbling upon. He's known about it for some time, and in some ways, General Motors is testing out the idea of selling "mini" cars -- with presumably a rather low price point. We'll talk more about that in a bit.