Category: FINANCE

SHANGHAI (Reuters) - China’s banking regulator has fined a Beijing branch of China Minsheng Banking Corp (1988.HK) 27.5 million yuan ($4.16 million) for selling fake wealth management products, according to a notice posted on its official website on ... ( read original story ...)

In 2012, Huaxia Bank, a midsize commercial bank, blamed an employee at a Shanghai branch for selling unauthorized wealth management products, causing dozens of depositors to lose millions of yuan. The bank eventually reimbursed customers after initially ... ( read original story ...)

SYDNEY, Nov 28 (Reuters) - Shanghai nickel futures tumbled more than 2 percent in early trade on Tuesday as reforms in China threaten steel-intensive infrastructure projects. ANZ Bank warned that weakness in the stainless steel sector continues to override ... ( read original story ...)

China Development Bank (CDB) filed an insolvency petition on 24 November ... generator (BTG) packages from Shanghai Electric for coal-based power plants. The company claimed at that time that it was the world's largest such order. The equipment ordered ... ( read original story ...)

Teachers from England have been visiting to learn from Shanghai’s success and the World Bank last year published a report titled, “How Shanghai does it: Insights and lessons from the highest-ranking education system in the world.” As teacher Zhang ... ( read original story ...)

BEIJING-SHANGHAI. KAZINFORM The investment and financial opportunities of the Astana International Financial Centre (AIFC) have been presented on the Shanghai Stock Exchange platform, Kazinform's special correspondent in China reports. The event was ... ( read original story ...)

At the close, the Shanghai Composite index was up 4.35 points or 0.13 per cent at 3,338.00. The blue-chip CSI300 index was down 0.05 per cent, with its financial sector sub-index higher by 0.77 per cent, the consumer staples sector down 2.39 per cent ... ( read original story ...)