Chinese banking majors deliver improved 2017 earnings

a senior researcher at Bank of Communications in Shanghai. She said the three majors are now benefiting from stronger deposit bases and lower savings costs, allowing them to ramp up lending yields, noting that the improving profit levels have also helped ... ( read original story ...)

Retail banking boosts China CITIC

Pedestrians walk past a China CITIC Bank Corp branch in Shanghai, March 21, 2017. [Photo/VCG] The net non-interest income realized by China CITIC Bank Corp Ltd's retail banking in 2017 increased by a significant 40 percent year-on-year, as the bank stepped ... ( read original story ...)

Shanghai Residency Rules: Ban on Overseas Residency Suspended

Shanghai has backtracked on plans to implement a controversial rule that would require Chinese citizens who have settled abroad to renounce their Shanghai residency. On March 13, the Shanghai government announced that it would enforce The Shanghai ... ( read original story ...)

WuXi AppTec given green light to raise US$907m in Shanghai IPO

WuXi AppTec, the mainland’s leading biotechnology firm which privatised in New York two years ago, has been given the green light to relist on the A-share market via an initial public offering (IPO) in Shanghai, just seven weeks after filing its application. ( read original story ...)