Several polls showed that opposition parties would win most seats in the lower house.
Shadow banking refers to activities performed by financial firms outside the formal banking sector, and therefore subject to lower levels of regulatory oversight and higher risks.
Shanghai is one of the stops in the migratory flyway from Siberia to Australia. Furthermore, the Chongming Dongtan National Nature Reserve is the largest overwintering site in China. Every year, about 1,000 hooded cranes overwinter in China and about a tenth of them can be spotted making their way to the reserve from October to December, according to Yao.
Shares of the Beijing-based company opened for trading at HK.1 (.95), nearly 100 percent higher than the initial offer price of HK.50. The company's IPO drew strong interest from investors and its retail offering was oversubscribed by 356 times.
Share prices of China's biggest lenders have been rallying year-to-date despite fluctuations after profit-taking from time to time. Shares of Shanghai-listed ICBC rose from 4.4 yuan at the beginning of 2017 to 6.1 yuan at the end of October, a 38.6 percent growth. Shares of the Agricultural Bank of China rose from 3.1 yuan to 3.7 yuan during the same time, a 19.4 percent gain.
Shadow banking levels in China have fallen by 16 trillion yuan (.26 trillion) over the past three years, according to a statement on the website of the China Banking and Insurance Regulatory Commission.
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Several Chinese online education startups are currently seeking new rounds of financing. Zuoyebang is planning to raise 0 million from Softbank, while online English firm VIPKID, according to online tech publication The Information, is looking to get 0 million to 0 million funding.
Shanxi strives to increase its advanced coal production capacity. [Photo/VCG]
Shared bikes emerged in China about two years ago and were soon ubiquitous on streets in major cities.
Several medicines to treat the disease have already started phase-two clinical trials in China. [Photo/VCG]