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 ...)
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 ...)
Shanghai Electric Delegation Meets PM Abbasi, Still Interested in Acquiring K-Electric
A delegation of Shanghai Electric Power (SEP), led by its chairman Wang Yundan called on Prime Minister Shahid Khaqan Abbasi. The delegation apprised the prime minister about the current status of acquisition process of a majority stake in K-Electric and ... ( read original story ...)
You’ll want Xiaomi’s affordable new wireless charger
Xiaomi didn't just show off its new Mi Mix 2S at an event in Shanghai today. It also blew away the competition for the wireless charging market with a yet unnamed 99-yuan ($15, £10 or AU$20) charger. Most wireless chargers cost quite a bit. And while ... ( read original story ...)