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Category: FINANCE

Posted on 31/10/2022

Shanghai Official Assures Water Supply Ample After Brief Panic

A Shanghai official offered more assurances about water supplies for the financial hub after worries about contamination from the sea caused a brief panic, comments that come as the city builds more ... ( read original story ...)

Posted on 31/10/2022

China stock investors brace for grim reports as US$3.6 trillion sell-off slams 99 per cent of mutual funds

Only 22 or less than 1 per cent of 2,296 equity mutual funds managed to stay above water this year through October, according to data East Money 'Volatility makes it hard for everyone to consistently ... ( read original story ...)

Posted on 30/10/2022

New market-making regime to begin with Shanghai’s STAR Market

A new mechanism for market-making will be officially launched on Monday on the NASDAQ-style STAR Market in Shanghai, the first of its kind in a domestic stock exchange. The introduction of the ... ( read original story ...)

Posted on 29/10/2022

Shanghai medical companies forge ahead with initiatives

Local medical companies are undaunted by the pandemic challenges and plans to continue forge ahead with new investment initiatives, as well as collaboration programs. Five-year-old Shanghai startup ... ( read original story ...)

Posted on 29/10/2022

China to Launch Market-Making on Tech-Focused STAR Market on Monday

China's Nasdaq-style STAR Market will officially launch market making on Monday, in a bid to make the tech-focused board more liquid, vibrant and resilient, the Shanghai Stock Exchange said. The first ... ( read original story ...)

Posted on 29/10/2022

China Construction Bank’s third-quarter profit up 8.6%

China Construction Bank (CCB) , the nation's second-largest commercial lender by assets, on Friday reported third-quarter net profit up 8.6% year on year. ( read original story ...)

Posted on 28/10/2022

China names Beijing Mayor Chen Jining as new party boss of Shanghai

Mr Huang Kunming has also been named Guangdong Communist Party chief, replacing Mr Li Xi. Read more at straitstimes.com. ( read original story ...)

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