Five of China's largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China's lenders are under pressure to reduce ... ( read original story ...)
Stock Market News Today, 03/28/24 – Futures Catch a Break After Record Highs
U.S. futures edged lower on Thursday morning after hitting record highs multiple times so far in Q1 of 2024. Notably, futures on the Nasdaq 100 ... ( read original story ...)
UPDATE 1-China to issue some policy bank bonds ahead of special treasuries, sources say
China plans to issue some policy bank bonds earlier in the second quarter ahead of planned sales of special treasury bonds, two sources said on Thursday. Chinese Premier Li Qiang said during the parli ... ( read original story ...)
Shanghai enhances financial support for technology innovation
Shanghai will further optimize its technology investment ecology, consolidate the multi-level capital market and improve the supply of technology-focused credit and insurance products so that the ... ( read original story ...)
Shanghai, Beijing, other cities improve foreigners’ payment service
Major Chinese cities like Beijing and Shanghai have stepped up efforts to improve means of payment for foreign travelers, a move to promote inbound tourism and high-level opening-up. Shanghai, ... ( read original story ...)
Shanghai strives to provide better services to global talents, overseas visitors
As Shanghai strives to become a global center for economy, finance, trade, shipping, and science and technology innovation, the city will continuously enhance talent empowerment, which has become a ... ( read original story ...)
Analysis-Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ... ( read original story ...)