Month: February 2018

FRANKFURT/SHANGHAI (Reuters) – Chinese conglomerate HNA Group has sold part of its stake in Deutsche Bank worth around 300 million euros (£265 million) as it offloads investments to address a liquidity crunch. The reduction from roughly 10 percent to ... ( read original story ...)

SHANGHAI (Reuters) - Chinese conglomerate HNA Group Co Ltd has cut its stake in Deutsche Bank AG to around 8.8 percent, the Financial Times reported on Friday. The British newspaper said HNA initially bought 9.9 percent of Deutsche Bank, but that filings ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank said on Tuesday it had injected 393 billion yuan ($62.13 billion) into the financial system via one-year medium-term lending facility (MLF) loans. Interest rates for the MLF loans were unchanged at 3.25 percent ... ( read original story ...)

SHANGHAI/FRANKFURT (Reuters) - Chinese conglomerate HNA Group Co Ltd has cut its stake in Deutsche Bank AG to around 8.8 percent, but plans to remain a "significant" investor in the German lender, the asset management company that handles the stake said. ( read original story ...)

Agence Ter: In Shanghai, over less than 30 years, the East bank of the Huangpu River has been transformed from a swamp landscape over an industrial area to a patchwork of different urban and commercial activities, cutting a fundamental link between the ... ( read original story ...)

Gary Liu Shengjun, researcher and president of the China Financial Reform Institute in Shanghai, said Xu’s proposal was intended to empower the committee, in which central bank officials are expected to play an important role. “By making ... ( read original story ...)

... partner with ZING Digital Commerce who have developed a comprehensive Branchless Banking platform, in collaboration with its Chinese Technology Partner i.e. Shanghai F-Road. This alliance shall fulfill DIBP’s vision to offer quality financial ... ( read original story ...)