Tag: banking

The company is profitable, growing quickly, but still burning cash. I'll provide a final opinion on the IPO when we know more details. Quick Take Shanghai-based Secoo Holding Limited (SECO), a platform for luxury products, intends to raise $100 million ... ( read original story ...)

The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of ... ( read original story ...)

HONG KONG — David Tang, the flamboyant and outspoken socialite and entrepreneur who founded the Shanghai Tang fashion brand, has died. He was 63. The Financial Times newspaper, for which he wrote a popular tongue-in-cheek advice column, reported Tang’s ... ( read original story ...)

SHANGHAI: China stocks ended flat on Wednesday, as strong gains in airline operators and resources firms were offset by weakness in banking stocks with investors awaiting first-half results for some of the country's biggest banks. The blue-chip CSI300 ... ( read original story ...)

HONG KONG (Reuters) - State-owned Postal Savings Bank of China (1658.HK), the country's biggest lender by branches, said it was planning a Shanghai listing, seeking to raise around $785 million. The move follows its Hong Kong listing last year in which the ... ( read original story ...)

The also-rans of China’s stock rally this year, mainland equities have been ... a phoenix-from-the-ashes revival in what is the world’s second-largest share market. The Shanghai Composite Index is neck-and-neck with the offshore-dominated MSCI China ... ( read original story ...)

Hyatt Hotels Corporation (NYSE: H) announced the official opening of Hyatt Regency Shanghai Global Harbor in Shanghai’s Putuo District. Hyatt Regency Shanghai Global Harbor marks the seventh Hyatt-branded hotel in Shanghai, joining Park Hyatt Shanghai ... ( read original story ...)