Please replace the release issued November 13, 2024, at 8:54 a.m. ET with the following corrected version due to "Bank of Shanghai" being replaced by "Bank of ... ( read original story ...)
Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
The Shanghai-based company, which is influential among young Chinese women with its user-generated lifestyle content, has selected underwriters, including China International Capital Corporation, for ... ( read original story ...)
Abu Dhabi Global Market plans China roadshow to boost financial ties
Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid 'overwhelming interest' in the UAE financial centre Abu Dhabi's financial centre, the Abu Dhabi Global Market (ADGM ... ( read original story ...)
Analysis-China’s bond market sees more economic pain ahead
Investors in Chinese bonds head for 2025 betting there will be no miraculous recovery in the economy, putting them at odds with an equities market that has wagered on a revival in consumption. ( read original story ...)
CIMB Bank inks collaboration with Shanghai Pudong Development Bank
CIMB Bank Bhd has signed a letter of intent (LoI) with Shanghai Pudong Development Bank Co Ltd (SPDB) to provide a suite of solutions and services to fast-track expansion of SPDB's clients in Asean. ( read original story ...)
China signals readiness to mend ties with U.S. ahead of Trump inauguration
Chinese president tries to avoid a trade war through negotiations with Trump team but concessions on key issues are unlikely, experts say. ( read original story ...)
China’s Nio, behind on growth targets, aims to tighten cost control
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind schedule, its CEO said on Thursday. ( read original story ...)