(Reuters) - The Shanghai Stock Exchange has approved a 10 billion yuan ... The funds will be used for transport supply chain financing, allowing car leasing enterprises to procure new vehicles which will in turn expand capacity on Didi’s platform. ( read original story ...)
Exclusive: Regulator shopping in vogue as China’s shadow banks evade Beijing’s grip
SHANGHAI/BEIJING (Reuters) - Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct ... ( read original story ...)
China to appoint Yi Gang as new central bank governor: WSJ
SHANGHAI (Reuters) - China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter. The WSJ said the ... ( read original story ...)
Protect 2018: Yitu Technology Brings AI-Powered Facial Recognition To The Philippines
The Shanghai-based Yitu Technology was a gold sponsor at Protect 2018 and joined the accompanying exhibition to showcase its facial recognition software. Yitu Technology was founded in 2012 by two engineers who wanted to advance the state of homegrown ... ( read original story ...)
Shanghai Pudong Development Bank ‘BBB/A-2’ Ratings Affirmed On Strong Government Support; Outlook Stable
HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings today affirmed its 'BBB' long-term and 'A-2' short-term issuer credit rating on Shanghai Pudong Development Bank Co. Ltd. (SPDB). Our outlook on the long-term rating is stable. We also ... ( read original story ...)
Shanghai Rural Commercial Bank Co. Ltd. Upgraded To ‘BBB/A-2’; Outlook Stable
HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings raised its long-term issuer credit rating on Shanghai Rural Commercial Bank Co. Ltd. (SRCB) to 'BBB' from 'BBB-'. The outlook is stable. We also raised our short-term issuer credit rating on ... ( read original story ...)
Phishing email related to Hongkong and Shanghai Banking Corporation Limited
Hong Kong (HKSAR) - The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on ... ( read original story ...)