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 ...)
Black Hole Excitement Sparks Speculation in China’s Stock Market
Investors are never short of trading ideas in China’s $7.6 trillion stock market. On Thursday, they found inspiration in a very far off place, in the form of a super-massive black hole. Zhejiang ... ( read original story ...)
Black Hole Excitement Drives Speculation in China’s Stock Market
(Bloomberg) -- Investors are never short of trading ideas in China’s $7.6 trillion stock market ... a result of China’s typical retail-dominant market structure,” said Dai Ming, a Shanghai-based fund ... ( read original story ...)