Category: FINANCE

while Fuda Alloy Materials will be listed on the Shanghai Stock Exchange. The firms and their underwriters will confirm IPO dates and publish prospectuses following discussions with the exchanges. Under the current IPO system, new shares are subject to ... ( read original story ...)

Europe’s largest financial institution, HSBC (Hong Kong and Shanghai Banking Company) has made a major announcement today. The worlds seventh largest lender said it will no longer finance projects dealing with coal in developed countries, Arctic drilling ... ( read original story ...)

Alibaba founder Jack Ma with the actor Nicole Kidman during the lavish Singles Day celebration held in Shanghai last November © Reuters Ant Financial is now one of the backbones of consumption in China. Including its rival Tencent, the two companies make ... ( read original story ...)

Lee, who joined Deutsche Bank in 2003 and was most recently its global markets head in China, will take up the newly created role with immediate effect and will continue to be based in Shanghai, said the memo sent to the bank’s internal staff. ( read original story ...)

A Hongkong and Shanghai Banking Corporation (HSBC) report dated 11 April 2018 about 'The mother of all elections' has provided an interesting forecast for the coming election. After providing a breakdown of the key factors impacting the results ... ( read original story ...)

SHANGHAI, April 20 (Reuters) - China's primary money rates ended the week higher despite net liquidity injections and a surprise cut in banks' reserve requirements by the country's central bank, as demand for cash remained strong. The volume-weighted ... ( read original story ...)

The gains were broad-based, with every five stocks rising for each two that fell on the Shanghai Composite. Bank of Chengdu led the gain among commercial lenders, with the stocks rallying 3.5 per cent to 10.99 yuan. Industrial and Commercial Bank of China ... ( read original story ...)