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Tag: banking

Posted on 15/09/2020

China Stock Market May Extend Its Gains On Tuesday

The China stock market has climbed higher in two straight sessions, gathering more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point ... ( read original story ...)

Posted on 15/09/2020

China c.bank injects 600 bln yuan of medium-term loans, rates unchanged

China's central bank on Tuesday injected 600 billion yuan ($88.13 billion) worth of medium-term loans into the banking system while keeping borrowing costs unchanged for the fifth straight month. ( read original story ...)

Posted on 14/09/2020

Senior HSBC mainland China banker defects to Bank of America

Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the ... ( read original story ...)

Posted on 14/09/2020

UPDATE 1-China issues new rules to tighten control over financial holding firms

China has issued new rules to regulate financial holding companies, in its latest move to prevent systematic risks to the nation's vast financial sector. ( read original story ...)

Posted on 14/09/2020

China Stock Market May Tick Higher Again On Monday

(RTTNews) - The China stock market on Friday halted the two-day slide in which it had tumbled more than 80 points or 2.5 percent. The Shanghai Composite Index now sits just above the 3,260-point ... ( read original story ...)

Posted on 13/09/2020

China Issues New Rules to Tighten Control Over Financial Holding Firms

Jack Ma's Ant Financial, now renamed Ant Group, is seeking dual listings in Hong Kong and Shanghai. The regulation will take effect on November 1, 2020, and will give companies a one year grace ... ( read original story ...)

Posted on 12/09/2020

Shanghai stock exchange accepts JD.com fintech affiliate’s IPO application

Shanghai's stock exchange on Friday accepted JD.com Inc's JD.O 9618.HK fintech affiliate's application for a listing on its Nasdaq-stlye STAR Market ... ( read original story ...)

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