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Category: FINANCE

Posted on 02/09/2021

BRICS development bank admits UAE, Bangladesh, Uruguay as new members

The New Development Bank (NDB) set up by the BRICS group of nations said on Thursday it had admitted the United Arab Emirates, Uruguay and Bangladesh as members in its first expansion push. ( read original story ...)

Posted on 02/09/2021

BNP Paribas in talks with Chinese bank on wealth management venture

SHANGHAI: BNP Paribas is in talks with Agricultural Bank of China (AgBank) to form a wealth management venture, sources said, as the French financial services group seeks a bigger share of China's ... ( read original story ...)

Posted on 02/09/2021

UPDATE 1-BNP Paribas in wealth management JV talks with China’s AgBank -sources

BNP Paribas' asset management arm is in talks to form a wealth management venture with a unit of Agricultural Bank of China (AgBank), sources said, as the French firm pursues a bigger slice of China's ... ( read original story ...)

Posted on 02/09/2021

BRICS New Development Bank expands member countries

BRICS New Development Bank (NDB) announced Thursday noon that it will add the United Arab Emirates, Uruguay and Bangladesh as its newest members. Headquartered in Shanghai, the NDB was established by ... ( read original story ...)

Posted on 02/09/2021

Shanghai shares end higher on policy support hopes

The Shanghai Composite index ended 0.84% higher at 3,597.04. The blue-chip CSI300 index crept up from small losses to end flat. ( read original story ...)

Posted on 02/09/2021

Hotel chain Atour revives New York stock sale plan as Chinese companies resume their march to world’s largest capital market

Chinese hotel group Atour Lifestyle has updated its US IPO prospectus that could pave the way for a New York listing, in light of the SEC’s demand for additional disclosure from mainland issuers. ( read original story ...)

Posted on 01/09/2021

STAR Market Daily: STAR 50 falls 1.15%, RMB 62.2 bln traded

Shanghai Stock Exchange STAR 50 closed at 1,424.66 on Wednesday. The STAR Market recorded a total trading volume of 1.3 bln shares with a turnover value of RMB 62.2 bln, up 0.2% from yesterday. ( read original story ...)

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