SHANGHAI, April 15 (Reuters) - China’s central bank injected medium-term loans into the banking system on Thursday, while keeping the interest rate unchanged for a whole year. The People’s Bank of ... ( read original story ...)
HSBC is moving the heart of the bank back to Hong Kong
HSBC will move four of its most senior executives to Hong Kong later this year, as the London-based bank focuses more attention on fast-growing markets in Asia. CEO Noel Quinn said in an internal memo ... ( read original story ...)
Students in China are paying talent agents thousands of dollars to get hired at big Wall Street names as the country opens up its financial market, report says
They've managed to land coveted jobs in global financial hubs from Shanghai to New York. The companies either denied association with these consulting firms, or declined to comment when contacted by ... ( read original story ...)
China Stock Market Tipped To End Slide
(RTTNews) - The China stock market has finished lower in three straight sessions, sinking almost 85 points or 2.5 percent along the way. The Shanghai Composite Index now rests just beneath the ... ( read original story ...)
Shanghai foreign studes drop to 38,000
As a global financial hub, Shanghai has become one of the most popular studying destinations for overseas students. Despite the pandemic, the number of overseas students studying in Shanghai enrolled ... ( read original story ...)
China digital currency: Shanghai, Hainan among regions added to e-yuan trials
China has added six more regions to its pilot programme for the sovereign digital yuan, expanding the scope of testing as the country inches closer to launching the world’s first central bank digital ... ( read original story ...)
China’s revamp of Ant dents investor appetite for IPO revival
China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what ... ( read original story ...)