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Wednesday, April 7, 2010 as of 11:14 AM ET

Shanghai Stock Exchange

Shanghai Stock Exchange

The Shanghai Stock Exchange (SSE) (), abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China.

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Allianz Sizing Up Property, Casualty Insurance Buys, Mainly In Europe

Allianz SE (ALV.

XE) is sizing up potential acquisitions in property & casualty insurance, having a better grasp of future capital requirements for the business under Europe's planned Solvency II regime, Chief Executive Michael Diekmann told shareholders Wednesday.The insurer is mainly taking a look at potential targets in Europe that would support the property and casualty insurance business. And it will continue to scan Asia and central and eastern Europe for targets, but prices there are still too high, Diekmann said.Allianz, which sold loss-making Dresdner Bank to Commerzbank AG (CBK.XE) in early 2009, has refrained from making acquisitions for several years. It confirmed in late April that it is in exclusive negotiations with French Groupama on brokerage-related activities of its Gan Eurocourtage insurance unit, excluding transport.Management board member Dieter Wemmer told shareholders that the French business would well supplement Allianz's operations.Chief Financial Officer Paul...

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  1. SAIC Motor Sells 380,305 Units In January, Down 8.5%

    Sales by SAIC Motor Corp. (600104.SH) fell 8.5% in January from a year earlier to 380,305 vehicles as most of its ventures posted weaker results.In a statement to th...

  2. Shanghai Bourse Official: International Board To Be Major Platform For Red Chips - Report

    SHANGHAI -( Dow Jones )- China's long-awaited international board will be a major platform for the listing of Chinese companies incorporated outside the country, or ...

  3. China IPOs slow in H1

    By Ai Peng SooSHANGHAI (Reuters) - China's IPO market slowed by a fifth in the first half of 2011 amid a lack of mega deals that hit the market the year before, with...

  4. Fox Means Business: 6/1

    GM sales drop

  5. New-energy vehicles take spotlight at Shanghai show

    By Chang-Ran Kim and Alison LeungSHANGHAI (Reuters) - Electric and "new-energy" vehicles took the spotlight at China's Shanghai Auto Show on Tuesday with Honda Motor...

  6. Citic Securities Q2 profit halves as stocks tumble

    Q2 profit 1.13 billion yuan, lagging expectations(Recasts sourcing to official results statement)By Samuel Shen and Jason SublerSHANGHAI, Aug 27 (Reuters) - Citic Se...

  7. China Life Q2 profit drops, rocky H2 seen

    * China Life shares underperform benchmark in Hong Kong (Adds analyst comment, background)By Michael Wei and Doug YoungBEIJING/HONG KONG, Aug 25 (Reuters) - China Li...

  8. China Life Q2 profit drops 27 pct on weak market

    By Michael Wei and Doug YoungBEIJING/HONG KONG, Aug 25 (Reuters) - China Life, the world's top life insurer by market value, said second-quarter profit fell 27 perce...

  9. UPDATE 1-China Everbright eyes 3 yuan/shr IPO price-sources

    * Everbright Bank hopes to price IPO at 1.5-1.6 P/B -sources* 3.1 bln shrs for strategic investors oversubscribed-source (Adds quote, more details)By Samuel Shen and...

  10. China Headed for an Asset Bubble?

    Eurasia Group Analyst Nicholas Consonery argues it is too early to worry about an asset bubble in China.

  11. Red Ink Watch: China's Falling Market

    The Heritage Foundation's Derek Scissors on the state of China's markets.

  12. World Markets Troubled

    John Bolton on world markets

  1. People's Daily Website IPO To Debut Friday

    The initial public offering of the online version of People's Daily, the official newspaper of the Chinese Communist Party, is slated to debut Friday on the Shanghai...

  2. Huaibei Mining Plans CNY6.06 Billion IPO; More Firms Aim To List Amid Easing Hopes

    Huaibei Mining Co. said that it plans to raise CNY6.06 billion ($963 million) in an initial public offering ahead of a listing in Shanghai, as more companies seek a ...

  3. Diageo Gets Approval To Launch Mandatory Tender Offer For Shuijingfang

    Diageo PLC (DGE.LN), an international manufacturer and distributor of premium drink, said Tuesday it has gained regulatory approval to launch a mandatory tender offe...

  4. Shanghai Bourse: China Pacific Insurance Buys Citi's Shanghai Pudong Development Bank Stake

    China Pacific Insurance (Group) Co. (601601.SH) is the buyer of a 2.71% stake in a Chinese bank Citigroup sold Monday, according to information disclosed on the webs...

  5. Bank Of Communications Plans A-share, H-Share Placement

    Bank of Communications Co. (3328.HK), or Bocom, said Thursday it is planning a share placement in Shanghai and Hong Kong, in a move that was widely expected as China...

  6. China's Bank Of Communications Plans Share Placement, Halts Trading Thursday

    Bank of Communications Co. (3328.HK), China's fifth-largest bank by assets, said Thursday it plans a rights issue of its A-shares and H-shares in Shanghai and Hong K...

  7. China Communications Construction Raises CNY5 Billion In Shanghai IPO

    China Communications Construction Co. (1800.HK) said Thursday it has raised 5 billion yuan ($793.8 million) in the world's biggest initial public offering this year ...

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