HSBC is willing to further financial cooperation with and provide better support to Chinese firms in green and low-carbon, technological innovation, elderly care services, and going global, Mark ... ( read original story ...)
Bank of China plans US$21 billion bond sales to comply with global capital requirements
The lender said it plans to tap both domestic and overseas debt markets to sell a new category of total loss-absorbing capacity (TLAC) bonds, according to a Friday filing with the Shanghai Stock ... ( read original story ...)
Shanghai sees 5% GDP growth in 2023
Shanghai's annual GDP surged by 5 percent year-on-year in 2023, surpassing 4.72 trillion yuan ($657.09 billion), as announced by the city's bureau of statistics on Sunday. This growth was attributed ... ( read original story ...)
Bank of China plans $21 billion bond sales to comply with global capital requirements
The lender said it plans to tap both domestic and overseas debt markets to sell a new category of total loss-absorbing capacity (TLAC) bonds, according to a Friday filing with the Shanghai Stock ... ( read original story ...)
Shanghai sees GDP grow by 5% in 2023
Thanks to the maturity of new growth engines and the advancement of industrial capacity, Shanghai saw its annual GDP grow by 5 percent year-on-year to exceed 4.72 trillion yuan ($657.09 billion) in ... ( read original story ...)
List of property projects eligible for funds out soon
China’s prolonged property downturn has pummelled its economy, with developers struggling to repay debt and deliver projects. It’s sparked authorities to implement a raft of policy moves, including ... ( read original story ...)
China slams brakes on short sellers as Xi scrambles to halt a stock market rout
China will stop lending of certain shares for short selling to arrest a slumping stock market. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in ... ( read original story ...)