On the Hang Seng Index, China Construction Bank led the losses with a 2.7 per cent decline. ICBC dropped 2.4 per cent, while BOC Hong Kong retreated 2 per cent. Hong Kong bourse operator HKEX declined ... ( read original story ...)
China’s experimental stock board gains 200th IPO just over a year after launching
The Nasdaq-style Shanghai Star Market launched in July 2019 in an effort to improve the ability of innovative companies to access public market financing. ( read original story ...)
China’s market-beating liquor stocks fancied by money managers keep others wary of valuation, investing blunders
The market-beating run of China’s biggest liquor distillers are keeping many investors in jubilant mood in a catastrophic year of pandemic. Others are preparing to greet the new year with caution. ( read original story ...)
Jack Ma’s Ant Group Ramped Up Loans, Exposing Achilles’ Heel of China’s Banking System
Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground. ( read original story ...)
Regulator fines Bank of China
SHANGHAI: State-owned Bank of China (BoC) has been fined ¥50.5 million ($7.73m) over irregularities in a loss-making product linked to crude oil, the banking regulator said on Saturday. The China ... ( read original story ...)
Regulator fines Bank of China over loss-making product linked to crude oil
State-owned Bank of China (BoC) has been fined 50.5 million yuan ($7.73 million) over irregularities in a loss-making product linked to crude oil, the banking regulator said on Saturday. ( read original story ...)
JD.com becomes first online platform to accept China’s digital currency
Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform to accept Beijing's homegrown digital currency. ( read original story ...)