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Category: FINANCE

Posted on 07/08/2020

HSBC Bank China fined 530,000 yuan for seeking customers’ credit info, further damaging reputation

HSBC Bank (China) and its bank directors have been fined by the Shanghai Head Office of the People's Bank of China, the country's central bank, on Tuesday, as the bank inquired about customers' ... ( read original story ...)

Posted on 06/08/2020

“China’s LVMH” Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis-sources

Fashion conglomerate Shandong Ruyi, best known for its ambition to be the LVMH of China, has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to ... ( read original story ...)

Posted on 06/08/2020

Dow Today: S&P 500 Near Its Record High. Stock Market Rally Gains Strength

Global Stock Market Today The global stock market had a down day today with the exception of the Aussie and Korean stock markets. ( read original story ...)

Posted on 06/08/2020

Shanghai share index closes higher for fifth day on financials boost

China's benchmark Shanghai Composite Index ended higher for a fifth straight session on Thursday, as a rally in financial and materials stocks offset worries about rising Sino-U.S. tensions that had ... ( read original story ...)

Posted on 06/08/2020

Caishen.Co Launches Real-Time Chinese Stock Market Data Monitoring Platform Powered By A.I.

Leading primary investment news and data platform China Money Network ( today unveiled its sister service Caishen.Co ( to provide critical information about China's secondary investment markets. ( read original story ...)

Posted on 06/08/2020

METALS-Shanghai base metals jump on Chinese demand, rising supply fears

Several Shanghai base metals were up sharply in early trade on Thursday and struck multi-month highs overnight, as demand in top consumer China strengthened and investors worried about coronavirus-hit ... ( read original story ...)

Posted on 05/08/2020

Tesla’s Chinese rival Xpeng raises $400 million ahead of U.S. IPO, sources say

Xpeng has confidentially filed for an initial public offering in the U.S., but has not decided which exchange to list on, sources told CNBC. ( read original story ...)

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