Infrastructure and devices companies would be spun off while the remaining company holds 40% stake in chipmaker Kioxia Holdings
Simulations would also ensure that qualified investors can trade the stocks of companies listed on the Beijing Stock Exchange
A respite in the crisis surrounding troubled Chinese developer Evergrande and reports Beijing plans to ease financial rules on the property sector provided some much-needed support to the region
China's new Beijing Stock Exchange will launch on Monday and is poised to help boost fund-raising options for cash-starved smaller companies.
News of the Evergrande payment helped buoy markets in China, while Tokyo, Singapore, Wellington, Jakarta and Bangkok were also in positive territory.
New Beijing stock exchange has approved applications from 10 companies to list shares next week, two months after President Xi Jinping announced the bourse for small and medium-sized firms
Climb highlights easier direct access to Chinese markets rather than through financial instruments listed in New York and Hong Kong
The London-based bank says it is exceeding its China wealth management hiring targets and is ready to re-enter India’s private banking sector
Values of Asian equities dropped to a 17-month low at the end of October on concerns over China's weakening economy and pandemic related factors
Paytm's stock listing is expected to make it India's most valuable tech company with a valuation of about $20 billion.
US group's first exchange-traded funds tracking China's mega-cap index began trading on Monday. Armed with over $4 billion, they are set to rival the FTSE China A50.
Musk's shareholding in Tesla is about 170.5 million shares and offloading 10% would amount to close to $21 billion based on Friday's closing price