Two of China’s biggest state-backed brokerages are to merge, creating a group with assets of $230bn that will lead a domestic industry under growing pressure to consolidate against a weaker economic ... ( read original story ...)
2024 Inclusion Conference on the Bund kicks off in Shanghai
Themed under "Technology for a Sustainable Future", the 2024 Inclusion Conference on the Bund kicked off in Shanghai on Thursday. This year's conference, which runs until Saturday, features a diverse ... ( read original story ...)
China Stock Market Likely Rangebound On Thursday
The China stock market has finished lower in three straight sessions, surrendering almost 60 points or 2.1 percent along the way. The ... ( read original story ...)
China Ex-Central Bank Governor Makes Rare Nod to Deflation Worry
Former People’s Bank of China Governor Yi Gang said his nation should focus on fighting deflation, in a rare admission by a prominent figure in China that falling prices are threatening the country’s ... ( read original story ...)
China’s Central Bank Sees Room to Lower Banks’ Reserve-Requirement Ratio
A Chinese central bank official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline amid ... ( read original story ...)
Shanghai Electric Reports FY 2024 H1 Revenue of RMB 49.869 Billion with 22.6% YoY Net Profit Growth
Shanghai Electric ("the Company") (SEHK:2727, SSE:601727) releases its financial results for the first half of 2024, reporting a revenue of RMB 49.869 billion, with the net profit attributable to ... ( read original story ...)
Shanghai gears up for FISE World Series
The Shanghai leg of the FISE World Series, a global extreme sports tour, will take place in Xuhui district's West Bund from Oct 16-20, transforming the area into a sports carnival spanning more than ... ( read original story ...)