The bank has already launched private bank services in Beijing, Shanghai, Guangzhou and Shenzhen. "As a new class of HNW and ultra HNW individuals emerges from the vigorous development of Hangzhou's ... ( read original story ...)
Asian shares fall as technology shares pull benchmarks lower
Asian shares are mostly lower as losses in technology-related shares weighed on global benchmarks. Taiwan dropped 3.8% after reopening from a holiday. It was the first trading session since the ... ( read original story ...)
HSBC expands China private banking network, launches in two new cities
The bank has another four branches in Beijing, Shanghai, Guangzhou and Shenzhen. (This story has been corrected to say bank has launched its business in two branches, not opened two new branches ... ( read original story ...)
COVID cases rise in Shanghai, other Chinese cities; preventive steps strengthened
Chinese authorities have stepped up testing in Shanghai and other megacities as COVID infections rise again, as well as extending quarantine times and closing some public spaces where the virus could ... ( read original story ...)
Covid cases rise to ‘highest since August’ in Shanghai, other China cities
Shanghai, a city of 25 million people, reported 28 new local cases for Oct. 10, authorities said on Tuesday, the fourth day of double-digit increases. ( read original story ...)
Tesla’s Record Sales After Shanghai Upgrade Lead China EV Surge
New-energy vehicle sales in China retained their strong momentum in September, led by record sales from local automaker BYD Co. and US electric-car giant Tesla Inc. ( read original story ...)
Chinese property agent E-House files for US Chapter 15 protection to implement debt workout after bond defaults
Enterprise Holdings filed for Chapter 15 bankruptcy in New York on Monday in a bid to prevent creditors from seizing its assets while it undergoes a restructuring in the Cayman Islands. ( read original story ...)