IFS Applications will be deployed as central backbone to fully support SMD (Shanghai)’s business-critical processes including asset management, manufacturing, project management, finance and HR, business analytics, contract management, document ... ( read original story ...)
REFILE-Fidelity International eyes mutual, pension fund business in China
SHANGHAI, Jan 18 (Reuters) - Fidelity International, which launched three private funds in China in the past eight months, said on Thursday it would explore opportunities in the Chinese mutual and pension fund market. Fidelity was the first global asset ... ( read original story ...)
Shanghai Stock Exchange, CSDC Revise Rules For Trading Business Of Collateralized Repo Of Stocks
With the approval of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Co., Ltd. (CSDC) have revised the “Measures for Trading, Depository and Clearing Businesses of ... ( read original story ...)
China improves business environment
A pilot reform will be carried out in Shanghai's Pudong New Area to cut or simplify another 47 approval items, after all of China's free trade zones have separated operation permits from business licenses and cleared 116 approval items, said the statement. ( read original story ...)
More Chinese airlines allow inflight mobile phone use, wifi
But now, I can use my social network accounts," said a passenger named Zuo, who took a flight with wifi from Shanghai Thursday. Previously, mobile phone use on aircraft was banned over safety concerns. The ban is a common international practice ... ( read original story ...)
Stock Futures Trim Overnight Gains on Soft Housing Market, Philly Fed Data
China's GDP, fixed-asset investment and industrial production numbers all beat expectations, restoring confidence in the strength of the world's second largest economy, and driving the Shanghai stock market index nearly 1% higher overnight. Europe's ... ( read original story ...)
Hong Kong stock market hits record on upbeat China data
compared with a valuation multiple of 14.6 times for the 51-stock Hang Seng Index. "Investors are inclined to invest in shares with lower valuations when the market is on a rising trend," said Linus Yip, chief strategist at First Shanghai Securities in ... ( read original story ...)