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Tag: banking

Posted on 07/07/2020

BRICS New Development Bank issues 2 bln yuan bond in China

SHANGHAI, July 7 (Xinhua) -- BRICS New Development Bank (NDB) announced Tuesday that it has successfully issued a 2 billion yuan (285 million U.S. dollars) bond in the China Interbank Bond Market, ... ( read original story ...)

Posted on 07/07/2020

BRIEF-Jiangsu Aidea Pharmaceutical’s Shanghai IPO 3,740.09 Times Oversubscribed

SAYS ITS SHANGHAI IPO 3,740.09 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/2NZAhY3 (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

Posted on 07/07/2020

China’s Shenzhen rises nearly 2% as mainland stocks build on Monday momentum

Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shenzhen component jumping 1.717% on Tuesday. ( read original story ...)

Posted on 07/07/2020

High-ranking bank official stands trial for taking bribes

Gu Guoming, the former Party secretary and president of the State-owned Industrial and Commercial Bank of China's Shanghai branch, stood trial on Tuesday for allegedly taking bribes amounting to 136 ... ( read original story ...)

Posted on 07/07/2020

Stock Market Today: U.S. Stocks Grab the Baton From China

A surge in Chinese equities, as well as a massive improvement in services-sector data, lifted U.S. stocks and sent the Nasdaq to new highs Monday. ( read original story ...)

Posted on 07/07/2020

Shanghai jumps nearly 2% as it builds on Monday momentum

Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shanghai composite rising 1.81% in early trade ... ( read original story ...)

Posted on 07/07/2020

China’s Stock Market Just Entered Bubble Territory. The U.S. Could Be Next.

Those gains were paltry, however, next to China’s Shanghai Composite gained 5.7% to 3332.88, its biggest gain since July 9, 2015. The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR), which tracks ... ( read original story ...)

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