Banking giant ANZ on Tuesday announced plans to invest another Aus$300 million (US$300 million) to expand its China operations, boosting the number of its outlets across the country from six to 20. (more here…) Related items ANZ to invest a further $300m in China ANZ to invest $300m more in China Shanghai copper stocks...
SHANGHAI (Reuters)—China's insurance regulator will allow insurers to invest in a wider range of corporate bonds and relax limits on equity and real estate investment, granting them greater freedom to seek higher returns and play a stronger role in the financial system.Insurers can now buy (more here…) Related items Shanghai to set up insurance...
ANZ will invest a further $300m to support growth in its Chinese subsidiary as part of the bank's push into Asia. (more here…) Related items ANZ to invest a further $300m in China Australia's ANZ to invest another $300 mn in China PRESS DIGEST – China – March 16 Santander Consumer Bank To Buy...
The Commercial Aircraft Corp. of China (COMAC) has launched an aircraft finance lease company with Pudong Development Bank and Shanghai International Group. (more here…) Related items COMAC establishes finance lease company for C919 sales Eastday-City plans VC to boost SMEs China Stocks Rise on U.S. Stimulus Speculation, Aircraft Industry Support Financial industry in Shanghai...
The Commercial Aircraft Corp. of China (COMAC) has launched an aircraft finance lease company with Pudong Development Bank and Shanghai International Group. (more here…) Related items COMAC launches finance lease company for C919 sales Eastday-City plans VC to boost SMEs China Stocks Rise on U.S. Stimulus Speculation, Aircraft Industry Support Financial industry in Shanghai...
SHANGHAI stocks may rise this week as the People's Bank of China cut the amount of cash that banks must set aside as reserves, pumping money into the financial system to bolster a slowing economy. (more here…) Related items Eastday-Bank reserve ratio cut may extend rally Asia Markets: Most of Asia rallies as Shanghai...
