Month: January 2018

SHANGHAI (Reuters) - China's banking regulator will further tighten the screws on the trust industry next year, two sources with direct knowledge of the matter said, as Beijing steps up a campaign to clampdown on the country's shadow banking sector. ( read original story ...)

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is ... ( read original story ...)

[Photo by Shen Jingwei/for China Daily] Rebranding to help Shanghai company expand presence abroad Shanghai-based Inoherb is banking on traditional Chinese medicine to give it the winning edge in the global skincare product market. The company has already ... ( read original story ...)

Dec 20 (Reuters) - Shanghai Pudong Development Bank Co Ltd : * SAYS IT GETS APPROVAL FROM UK'S PRUDENTIAL REGULATION AUTHORITY TO SET UP BRANCH IN LONDON Source text in Chinese: bit.ly/2ktiSZe Further company coverage: (Reporting by Hong Kong newsroom) Our ... ( read original story ...)

A saleswoman (right) addresses a visitor's inquiries at a housing exhibition held in Shanghai. [Photo by Lai Xinlin/For China Daily] Government efforts to encourage rental housing development, a measure intended to curb speculation in the real estate ... ( read original story ...)

Dec 26 (Reuters) - Bank Of Chengdu Co Ltd : * SAYS IT PLANS TO ISSUE UP TO 361.2 MILLION SHARES AT 6.99 YUAN ($1.07) A SHARE FOR SHANGHAI IPO Source text in Chinese: bit.ly/2C3aFCC ($1 = 6.5380 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our ... ( read original story ...)

Dec 21 (Reuters) - Shanghai SMI Holding Co Ltd: * SAYS IT PLANS TO INVEST ABOUT 467 MILLION YUAN ($70.94 million)IN BANK OF GUANGZHOU STAKE AT 3.132 YUAN A SHARE Source text in Chinese: http://bit.ly/2kVUP4S Further company coverage: ($1 = 6.5834 Chinese ... ( read original story ...)