Shanghai-based WuXi describes itself as the ... WuXi intends to use the IPO proceeds to expand its capacity across all business units globally, invest in seven China projects such as a Chengdu ... ( read original story ...)
Shanghai-listed WuXi AppTec to raise up to $1bn in Hong Kong IPO – Sources
HONG KONG (Nikkei Markets) -- Shanghai-listed drug research and development services company WuXi AppTec plans to raise up to HK$8.33 billion ($1.06 billion) from a listing in Hong Kong, two ... ( read original story ...)
Chinese bank buys majority stake in AMK
The Shanghai Commercial & Savings Bank (SCSB) has bought a majority stake in local microfinance institution AMK. AMK Microfinance, one of Cambodia’s largest MFIs, says the move will aid its expansion ... ( read original story ...)
China c.bank may have revived repos to drain liquidity in Oct – CSJ
SHANGHAI, Nov 26 (Reuters) - China's central bank may have drained short-term funds from the banking system in late October by quietly reviving a tool to mop up excess liquidity, a state-run newspaper ... ( read original story ...)
China grants market access to two more foreign financial institutions: regulator
SHANGHAI (Reuters) - China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, br... ( read original story ...)
PBOC Shanghai Head Office issues supportive measures for private businesses
A view of the Shanghai headquarters of the People's Bank of China (PBOC), China's central bank, at the Lujiazui Financial District in Pudong, Shanghai, Sept 19, 2018. [Photo/IC] SHANGHAI - The People' ... ( read original story ...)
China traders paying double for PICC shares after IPO surge
PICC Group was the first insurance company to list on the mainland in seven years, and the IPO was the second-largest in China this year, despite getting reduced in size amid weakness in the equity ma... ( read original story ...)