Chinese team Shanghai SIPG inched closer to the knockout phase of the Asian Championship after taking down Japanese club Urawa Red Diamonds 3-2 on Thursday, thanks to Hulk. Brazilian striker Hulk led the Red Eagles to victory after scoring the tie-braking ... ( read original story ...)
China regulates fund outsourcing business in fresh move to curb shadow banking: Sec Times
SHANGHAI China's securities regulator has introduced new restrictions for financial institutions seeking to outsource fund management to external fund managers, the official Securities Times reported on Monday, as the government tightens shadow banking. ( read original story ...)
PREVIEW-Profits seen under pressure for China's banks as costs surge
HONG KONG/SHANGHAI, March 20 (Reuters ... analysts said. At Agricultural Bank of China, margins likely fell to 2.27 percent in 2016, the lowest since at least 2008 and down from 2.66 percent a year ago, Thomson Reuters data shows. Among China's top ... ( read original story ...)
Banking constraints cutting off funding for premium apartment developments
Shanghai Shenshun Investment Co of Shanghai owns 40 per cent of Shundi shares. Projects that rely on local bank financing like the Avalon Flo apartments and St James apartments have been scrapped or halted due to a tightening of bank financing and rising ... ( read original story ...)
Industry Super releases the hounds on 'foxy' banks in new ad
"The concern for us is that what this will lead to is an increase in mis-selling super products and banks seeking to bundle up their super products with an employer's business banking requirements." When asked if he was worried that the change of approach ... ( read original story ...)
PTT Public Company Limited Offer to Purchase for Cash Any and All of the Outstanding Securities Referred to in the Table Below
Includes the Dutch Auction Early Tender Payment. The Hongkong and Shanghai Banking Corporation Limited and J.P. Morgan Securities plc are acting as the Dealer Managers for the Any and All Offer. Global Bondholder Services Corporation is the Depositary and ... ( read original story ...)
China stocks wobble on worries about fresh property curbs
SHANGHAI, March 20 (Reuters) - China stocks struggled for traction on Monday as fears of fresh property cooling measures and broader monetary policy tightening hit shares of developers. The Beijing municipal government announced new steps to rein in its ... ( read original story ...)