Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. ( read original story ...)
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Shanghai temporarily closes Marriott website in China after questionnaire gaffe
BEIJING (Reuters) - Authorities in Shanghai on Thursday closed down Marriott International Inc's Chinese website for a week, punishing the world's biggest hotel chain for listing Chinese-claimed regions such as Tibet and Taiwan as separate countries in a ... ( read original story ...)
Shanghai stocks up for 10th day, consumer firms take breather
The price-to-earnings ratio of the Shanghai index was 15.45 as of the last full trading day while the dividend yield was 1.9 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 1.05 percent to 30.02 trillion yuan. ( read original story ...)
China’s Industrial Bank teams up with Microsoft to build digital and cloud power
Mid-sized Industrial Bank has signed a strategic partnership with Microsoft China in Shanghai to shore up its smart banking capabilities, the latest evidence of mainland Chinese banks embracing technology-driven innovation. The Fujian-based lender would ... ( read original story ...)
Shanghai probes Marriott hotels over geography gaffe
Authorities in Shanghai are investigating hotel giant Marriott after it triggered an online uproar with a customer questionnaire that listed Chinese-claimed regions such as Tibet and Hong Kong as separate countries. City officials said in a notice dated ... ( read original story ...)
Win Streak Likely To End For China Stock Market
(RTTNews.com) - The China stock market has climbed higher in nine consecutive trading days, advancing almost 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,420-point plateau although investors may cash in on ... ( read original story ...)