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Category: FINANCE

Posted on 17/07/2023

Balance of loans in Shanghai up 7.7 pct at end of June

The balance of loans in Shanghai including all currencies stood at 1091 trillion yuan 153 trillion US dollars at the end o ... ( read original story ...)

Posted on 16/07/2023

Syngenta Seeks to Lure Mideast Funds to $9 Billion IPO

Syngenta Group has approached a number of Middle Eastern sovereign funds as it seeks cornerstone investors for its 65 billion yuan ($9 billion) initial public offering, people with knowledge of the ... ( read original story ...)

Posted on 15/07/2023

A timeline of China’s 32-month Big Tech crackdown that killed the world’s largest IPO and wiped out trillions in value

Since Beijing quashed Ant Group's IPO in November 2020, the upheaval in China's tech sector has hit Alibaba, Tencent, Meituan and Didi A nearly US$1 billion fine levelled against Ant Group this month ... ( read original story ...)

Posted on 15/07/2023

China’s central bank likely will keep medium-term policy rate unchanged at monthly rollover: Reuters poll

China's central bank is expected to keep borrowing costs unchanged while ramping up liquidity support when it rolls over 100 billion yuan ($14.03 billion) worth of medium-term policy loans on Monday, ... ( read original story ...)

Posted on 14/07/2023

Stock market today: Asian shares buoyed by Wall Street’s winning week as inflation eases

Asian shares mostly surged Friday after Wall Street’s winning streak barreled into a fourth day, buoyed by the latest signal that inflation may be easing ... ( read original story ...)

Posted on 14/07/2023

Syngenta Seeks to Lure Mideast Sovereign Funds to $9 Billion IPO

Syngenta Group has approached a number of Middle Eastern sovereign funds as it seeks cornerstone investors for its 65 billion yuan ($9 billion) initial public offering, people with knowledge of the ... ( read original story ...)

Posted on 13/07/2023

Shanghai Bailian plans shopping mall REIT IPO in China

The company plans to seed the trust with its Shanghai Festival Walk shopping centre project, located in Shanghai’s Yangpu District. “Through the issuance of publicly-offered REIT products, in response ... ( read original story ...)

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