China's stock ... with the Shanghai composite ending 2018 approximately 24.6 percent lower than the previous year. Beijing on Wednesday reported better-than-expected economic growth for the first ... ( read original story ...)
Tianhong, controlled by Jack Ma’s Ant Financial, seeks diversification outside China
SHANGHAI (Reuters) - China’s Tianhong Asset Management Co, controlled by Jack Ma’s Ant Financial Group, is stepping up the expansion of its cross-border business as regulatory curbs check the ... ( read original story ...)
Shanghai Commercial Bank’s 2018 profit up 17 per cent on higher interest income, forfeited Hong Kong Life deposit
Shanghai Commercial Bank said on Tuesday that its profit rose 17 per cent in 2018, driven by higher interest income, particularly in the US, and an “extraordinary contribution” resulting from the ... ( read original story ...)
Zurich-based robotics giant ABB expects Chinese electric vehicle makers and SME sector to keep Shanghai plant busy
is banking not only on hundreds of electric vehicle start-ups in China, but also millions of small and medium-sized manufacturers in the country, to fill up the order books at a robotics factory it is ... ( read original story ...)
Shanghai Takes on Hong Kong in a Battle for Unicorn IPOs
China’s efforts to keep its next tech superstars at home are showing some early signs of success. Since March, Qingdao Haier Biomedical Co., Sun Car Insurance Agency Co. and Certusnet Information and ... ( read original story ...)
MUFG approved for China central bank’s market operations
SHANGHAI -- MUFG Bank was granted access to open-market operations in China, becoming the first Japanese institution and fourth non-Chinese lender to gain that privilege. The core unit of ... ( read original story ...)
Hong Kong loses 3 tech IPOs to Shanghai
(Apr 12): China’s efforts to keep its next tech superstars at home are showing some early signs of success. Since March, Qingdao Haier Biomedical Co., Sun Car Insurance Agency Co. and Certusnet ... ( read original story ...)