Category: FINANCE

BEIJING, Dec. 2 (Xinhua) -- Chinese securities regulator has approved five IPO applications this week, which will raise up to 3.7 billion yuan (about 559 million U.S. dollars) in the A-share market. Two companies will be listed on the Shanghai Stock ... ( read original story ...)

SHANGHAI, Dec 1 (Reuters) - China's banking regulator has fined a Beijing branch of China Minsheng Banking Corp 27.5 million yuan ($4.16 million) for selling fake wealth management products, according to a notice posted on its official website on Thursday. ( read original story ...)

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 ...)