Tag: banking

SHANGHAI: Shanghai stocks ended flat on Wednesday, as gains in transport and material firms were offset by losses in banking and real estate shares. The blue-chip CSI300 index ended 0.2 per cent lower at 3,837.35 points, while the Shanghai Composite Index ... ( read original story ...)

China's Shanghai Composite peaked in October 2007. So did the U.S. stock market. Unlike the U.S. stock indexes, though, the Shanghai never regained its peak. The Shanghai Composite is down 48% since Oct. 31, 2007. Compare that to the Nasdaq and the S&P 500 ... ( read original story ...)

BEIJING/SHANGHAI (Reuters) - Ant Financial Services Group [ANTFIN.UL], the dominant Chinese fintech company, is shifting its main focus to technology services and away from payments and consumer finance as Beijing’s crackdown on financial risk deepens ... ( read original story ...)

Beijing/Shanghai: Ant Financial Services Group, the dominant Chinese fintech company, is shifting its main focus to technology services and away from payments and consumer finance as Beijing’s crackdown on financial risk deepens, four sources with ... ( read original story ...)

Twelve kilometres south of Shanghai’s financial hub of Lujiazui, workers are putting the finishing touches to a glitzy-looking office tower designed to resemble a crystal which dominates the skyline. The futuristic-looking edifice designed by American ... ( read original story ...)

The Shenzhen Stock Exchange and China's securities regulator, the China Securities Regulatory Commission, didn't respond to requests for comment. China's other main equities market, the Shanghai Stock Exchange, declined to comment. Interventions appear to ... ( read original story ...)

For A-share IPOs, the measures introduced by the Shanghai and Shenzhen stock exchanges in June 2015 to cap the first-day gains at 44 per cent to tame speculative price swings, have turned out to be a “sure win” for issuers and investors. All 432 ... ( read original story ...)