Guo Wengui was secretly behind a $1 billion bet on Haitong Securities that blew up in 2015. Represented by superlawyer David Boies, Guo's legal case blaming UBS for his $500 million loss was dismissed in December.
SHANGHAI stocks ended below the 3,200-point threshold yesterday, with financial shares declining. The Shanghai Composite Index dipped 0.16 percent to 3,199.65 points. “The index went through a small
CHINESE package delivery company ZTO Express has raised US$1.4 billion in the biggest US initial public offering of the year as its backers cashed in on China’s booming online shopping industry. The
DESPITE a daily rise today, Shanghai stocks shrank over the past week and became the worst performer in the global markets over the first three quarters. Analysts said it was due to weak profitability
Shanghai stocks rebounded yesterday amid investor enthusiasm in the real estate sector.