Shanghai's foreign trade hit a record high of 681.56 billion yuan (about 99.12 billion U.S. dollars) in the first two months of this year, with a slight year-on-year increase of 0.7 percent, data from ... ( read original story ...)
Vanguard to exit China funds JV with Ant, close Shanghai office – sources
U.S. fund giant Vanguard Group is shutting its main Shanghai office and exiting from a joint venture with Ant Group, five sources with knowledge of the matter said, moves that will end its six-year ... ( read original story ...)
Shanghai Composite Index Rose 0.64% on Tuesday
China’s benchmark Shanghai Composite Index gained 0.64% on Tuesday, while the Shenzhen Component Index rose 1.6%. Shanghai’s tech-heavy STAR 50 Index gained 0.47% for the day, ... ( read original story ...)
Asia Pacific stocks rise as investor worries about global banking turmoil ease
Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players. ( read original story ...)
China, HK stocks rise as easing banking contagion fears lift sentiment
China stocks rose and Hong Kong shares stabilized on Tuesday as fears of global banking contagion eased after investors digested the state-backed rescue deal of Swiss lender Credit Suisse over the ... ( read original story ...)
Vanguard plans to shutter business in China after a retreat two years ago
Vanguard said its Shanghai unit and the joint venture are operating normally. Ant and the JV representatives said the same. All three declined to comment further. ( read original story ...)
Vanguard Plans to Shutter Business in China, Exit Ant JV
Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 ... ( read original story ...)