This is a rare occasion for the China Banking and Insurance Regulatory Commission (CBIRC) to levy fines on banks regarding data reporting issues, according to Wednesday's Shanghai Securities News. The ... ( read original story ...)
BRICS’ new development bank provides $1 billion loan to India to fight pandemic
The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic ... ( read original story ...)
Debt-laden Chinese developer Tahoe under fire from ‘anxious and desperate’ customers amid doubts over completion of Beijing, Shanghai projects
Troubled Chinese luxury villa developer Tahoe Group is facing pressure from hundreds of customers who fear its projects under construction in Beijing and Shanghai might fail and never be completed.The ... ( read original story ...)
Dada Group may raise $100m from US IPO
Dada Group, a Shanghai-headquartered on-demand delivery and retail company, filed on Tuesday with the US Securities and Exchange Commission to raise up to $100 million in an initial public offering. ( read original story ...)
Disney: Why I’m Not Too Excited About The Reopening Of Shanghai Parks
The Shanghai Disneyland was reopened on Monday, and there was a lot of enthusiasm from park-goers. Theme parks will not be the same for quite some time, and the ... ( read original story ...)
The Shanghai La Chapelle Fashion (HKG:6116) Share Price Is Down 95% So Some Shareholders Are Rather Upset
We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. Given that Shanghai La Chapelle Fashion didn't make a ... ( read original story ...)
BRICS’ New Development Bank provides $1 billion loan to India to fight COVID-19
In its Statement on Response to COVID-19 outbreak, the NDB Board of Governors welcomed the establishment of an Emergency Assistance Facility to meet the emergency needs of the member countries of the ... ( read original story ...)