Category: FINANCE

Shanghai, Alibaba, and Ant Financial have signed a strategic cooperation agreement to boost the integrated development of the Yangtze River Delta. According to local media reports (in Chinese), under ... ( read original story ...)

The Shanghai-based company plans to submit an application to the Hong Kong stock exchange next week, the people said, asking not to be identified because the information is confidential. I-Mab aims to ... ( read original story ...)

At the same time, authorities are keen to boost a stock market that has struggled in the face of a slowing economy and a falling yuan currency, as well as the pressures from the US trade tariff onslau... ( read original story ...)

The restrictions, announced by the Shanghai branch of the People’s Bank of China (PBOC) on Thursday morning, have closed off channels used to deposit and lend yuan offshore through the trade zones as ... ( read original story ...)

Nanjing Iron and Steel Co exemplifies China's efforts to rein in its financial risks. After winning another order to supply around 1,900 tons of steel to the Persian Gulf country, the Shanghai-listed ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct k... ( read original story ...)

Shanghai-based NIO is backed by Chinese internet giant Tencent Holdings Ltd. and Chinese private equity firm Hillhouse Capital Group. The four-year-old company plans to use $650 million in the proceed... ( read original story ...)