Category: FINANCE

Shanghai: China’s central bank raised interest rates on its standing lending facility (SLF) short-term loans by 5 basis points on Thursday, sources with direct knowledge of the matter said. The increase came after the People’s Bank of China raised ... ( read original story ...)

The price-to-earnings ratio of the Shanghai index was 14.81 as of the last full trading day while the dividend yield was 2 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 0.46 percent to 28.77 trillion yuan. ( read original story ...)

Through a future listing on the Shanghai stock exchange, the perception of KraussMaffei will significantly increase in the Chinese market. Chinese investors appreciate German industrial workmanship as well as management competency,” said Jianxin Ren ... ( read original story ...)

China Merchants Bank, Shanghai Pudong Development Bank, China Citic Bank, Industrial Bank, Everbright Bank, Minsheng Bank, Ping An Bank, Huaxia Bank, China Guangfa Bank and China Zheshang Bank were the 10 lenders mentioned in the document. In the document ... ( read original story ...)

But its size and complexity caused delays in clearing fire safety regulations, partly because no building codes existed for some of its features - despite China's rapid pace of development and push to champion Shanghai as a global financial centre. " ( read original story ...)

SHANGHAI, Dec 12 (Reuters) - China stocks fell on Tuesday, erasing the bulk of their gains the previous session, led lower by financial and transport firms. Investors are worried over whether China’s central bank would follow the U.S. Federal Reserve ... ( read original story ...)

SHANGHAI, Dec. 12, 2017 /PRNewswire/ -- On December 11, China UnionPay joined hands with over 30 Commercial banks and payment institutions to launch "Mobile QuickPass", the unified APP for China's banking industry. By integrating mobile payment functions ... ( read original story ...)