SHANGHAI, July 4 (Reuters) - China's yuan firmed against the U.S. dollar on Tuesday, with major state-owned banks selling the greenback in the onshore market that helped bolster the Chinese currency. The People's Bank of China (PBOC) set the yuan midpoint ... ( read original story ...)
LeEco-related bank accounts held
A Shanghai Court reportedly ordered a freeze on the bank accounts of LeEco chairman Jia Yueting and his wife, as well as bank accounts of three LeEco- related companies, mainland media reported yesterday. The accounts held a combined 1.24 billion yuan (HK$ ... ( read original story ...)
HSBC – the private bank with a truly global perspective
All investments involve risks and may experience upward or downward movements and may even become valueless. Issued by The Hongkong and Shanghai Banking Corporation Limited. ( read original story ...)
Blue-chips lead China stocks lower as rally unwinds
SHANGHAI, July 4 (Reuters) - China stocks fell on Tuesday, led down by the blue-chip index that some analysts say has been due for a correction after rallying strongly on inclusion of Chinese shares in a key MSCI index. The blue-chip CSI300 index fell for ... ( read original story ...)
Fashion retailer Shanghai Tang sold to Italian entrepreneur
Hong Kong fashion brand Shanghai Tang has been sold to an Italian entrepreneur in cooperation with a Hong Kong private equity firm. Italian fashion entrepreneur, Alessandro Bastagli and Hong Kong-based consumer-focused private equity fund Cassia ... ( read original story ...)
Opening fanfare then little action for Hong Kong-Mainland China bond link
and is modeled in part on the stock-market links between Hong Kong and Chinese exchanges in Shanghai and Shenzhen. Unlike the stock-market links, the bond-trading connection is one-way: Foreigners can buy bonds in the mainland market, but Chinese investors ... ( read original story ...)
China’s $9tn bond market opens up to foreign investors
China's $9 trillion bond market is the third-largest in the world ... That link followed the launch of the Shanghai-Hong Kong Stock Connect in November 2014, which allowed international investors to trade in hundreds of Shanghai-listed A-shares as well ... ( read original story ...)