Category: FINANCE

Suning Financial Services Shanghai Co. announced on Tuesday it has issued new shares to raise ¥5.34 billion ($813 million) as it looks to invest further into its fintech products. The company reported around14 investors took part in the investment round ... ( read original story ...)

SHANGHAI/BEIJING/HONG KONG: In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a special deal to ... ( read original story ...)

In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a special deal to offer them. "He said there is a ... ( read original story ...)

SHANGHAI/BEIJING/HONG KONG (Reuters) - In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had ... ( read original story ...)

Hong Kong stock exchange will face mounting competition from Shanghai and Shenzhen bourses, as speedier listing approval process and strong demand from investors expected next year will help them to extend their top rankings. In its annual IPO review and ... ( read original story ...)

Of the country's total funds raised, 56% was from Shanghai, making it Asia's top IPO destination. The boom is largely due to an acceleration in listing approvals. "The volume of new issue was at a historic high," said Edward Au, co-leader of the national ... ( read original story ...)

From cooking oil and rice to public transport cards, Shanghai’s smaller banks have been aggressively doling out free gifts – on top of higher returns – in an attempt to attract larger deposits before the year is out. In a branch of Huaxia Bank in ... ( read original story ...)