The first official Belt and Road bond in China's domestic market offered few advantages for the issuer Hongshi Holding Group, a privately owned cement maker, printed the $300 million yuan ($47 million) three-year corporate bond on the Shanghai Stock ... ( read original story ...)
Shanghai banks are becoming nicer, responding to shifting customer expectations, says McKinsey
“The new branch underlines our latest effort to run banking services in a brand new and innovative way.” Sophie Ding, 31, an office worker in Shanghai, said she felt foreign banks are increasingly catering to technology-savvy customers, adding that she ... ( read original story ...)
What’s Next in China’s Bid to Cool Housing Market: QuickTake Q&A
A stock-market meltdown in 2015 only heightened the appeal of investing ... Police in the financial hub of Shanghai had to restore order in 2016 when lines of people thronged real estate transaction centers and clogged traffic. Last year, after the ... ( read original story ...)
China Starts Experiment to Tame Its Wild Property Market
“China’s property market is on the brink of tremendous change,” said ... Banks are offering credit lines to developers for financing rental projects, and the Shanghai Stock Exchange is encouraging the creation of investment products backed by ... ( read original story ...)
China’s $15-trillion shadow banking bares cracks
BEIJING/SHANGHAI — Strains are spreading in China’s $15-trillion shadow banking industry as investors pull back from the debt-like savings products that helped drive leverage to dangerous levels. Most affected are some $3.8 trillion of so-called trust ... ( read original story ...)
TravelManagers’ Shanghai Famil Combines Historic and Ultra-Modern Highlights
Shanghai is one of the world’s great financial centres, but five Victoria based personal travel managers (PTMs) who took part in a TravelManagers exclusive famil discovered that visitors who focus purely on business during their stay, miss out on much of ... ( read original story ...)
China Stock Market Inherits Positive Lead
(RTTNews.com) - The China stock market has climbed higher now in five straight trading days, gathering more than 90 points or 2.7 percent along the way. The Shanghai Composite Index now rests just above the 3,500-point plateau it's looking at another green ... ( read original story ...)