“I need to wait to see how the economy and the market develop.” China’s stock markets have ridden a boom-and-bust roller coaster since 1990, when the first exchange since the 1949 communist revolution ... ( read original story ...)
Beijing’s new lending targets for private firms send China bank stocks diving
Bank of Shanghai plunged 5 per cent to close at 11.52 yuan, China Merchants Bank declined 4.7 per cent to 28.60 yuan, and China Construction Bank, one of the four largest banks in the country, was dow... ( read original story ...)
Chinese leaders struggle to dispel stock market gloom
"I need to wait to see how the economy and the market develop." China's stock markets have ridden a boom-and-bust roller coaster since 1990, when the first exchange since the 1949 communist revolution ... ( read original story ...)
Financial institutions showcase services
"Cooperation has thus become a must for the global financial industry." Shanghai has always been the heartland for overseas banks in China. The total assets of overseas banks in the city topped 1.53 t... ( read original story ...)
UOB opens new headquarters in Shanghai
UOB Plaza is the first office building owned by a foreign bank in the Lujiazui Financial District. United Overseas Bank (UOB) opened its new headquarters building in Shanghai in a step to reaffirm its ... ( read original story ...)
Comparing Ellington Financial (EFC) and Shanghai Industrial (SGHIY)
Ellington Financial presently has a consensus target price of $17.90, suggesting a potential upside of 16.61%. Given Ellington Financial’s higher probable upside, research analysts plainly believe Ell... ( read original story ...)
Breakingviews – Xi enters Shanghai in high-stakes tech IPO race
HONG KONG (Reuters Breakingviews) - President Xi Jinping has entered Shanghai in the high-stakes race for technology stocks. China’s leader granted the city a so-called “science and innovation” board. ... ( read original story ...)