Category: FINANCE

SHANGHAI: Shares in Bank of Shanghai Co Ltd soared 44 per cent on debut on Wednesday, the most allowed in one day, after it raised 10.7 billion yuan (US$1.58 billion) in the Shanghai bourse's largest IPO this year. The lender's initial public offering was ... ( read original story ...)

China Rapid Finance, operator of the mainland’s largest online consumer lending platform, is looking to step up its domestic expansion after forging wide-ranging partnerships with China United SME Guarantee Corp (Sino Guarantee) and the Bank of Shanghai. ( read original story ...)

SHANGHAI, China, Nov. 15, 2016 (GLOBE NEWSWIRE ... today announced its unaudited financial results for the quarter ended September 30, 2016. For the third quarter of 2016, Yintech’s customer trading volume was RMB835.1 billion (US$125.2 billion ... ( read original story ...)

SHANGHAI Nov 16 Shares in Bank of Shanghai Co Ltd soared 44 percent on debut on Wednesday, the most allowed in one day, after it raised 10.7 billion yuan ($1.58 billion) in the Shanghai bourse's largest IPO this year. The lender's initial public offering ... ( read original story ...)

The head of London’s stock market has for the first time revealed details of how the proposed link between the London and Shanghai exchanges will bridge the time difference between the UK and China. The planned London-Shanghai stock connect is a “new ... ( read original story ...)

Meng's hiring is part of Credit Suisse's strategy to develop its China onshore wealth management business by leveraging its existing Shanghai branch and Hong Kong private banking platform, said a memo to bank staff issued on Tuesday and seen by Reuters. ( read original story ...)

MOSCOW -- The Kontinental Hockey League, widely considered the world's strongest hockey competition outside the NHL, is considering cutting teams because of financial pressure ... split between Beijing and Shanghai, has struggled to attract fans. ( read original story ...)