Tag: banking

Investors have now turned their eyes to the trio of this week's central bank meetings. KEEPING SCORE ... Hong Kong's Hang Seng fell 0.6 per cent to 30,913.91, and the Shanghai Composite index also lost 0.6 per cent to 3,062.12. Australia's S&P/ASX 200 ... ( read original story ...)

Tencent Holdings (0700) and Shanghai Pudong Development Bank has signed a strategic partnership pact, to cooperate on big data, cloud, artificial intelligence, and blockchain. According to a statement, Tencent will support SPD Bank’s strategy transition. ( read original story ...)

Gokhale said India has agreed to open Bank of China’s first branch in Mumbai. PM Modi met and held bilateral talks with President Jinping, minutes after he landed in China’s Qingdao to attend the two-day 18th Shanghai Cooperation Organisation (SCO ... ( read original story ...)

in Shanghai. “For foreign banks, they might seek an edge by working with joint venture fund management houses that see the value of working with a bank with international exposure.” ( read original story ...)

On June 8, the first day of FII's trading in Shanghai, the stock rose 44 percent, the maximum increase, to 19.83 Chinese yuan (US$3.1) which made its market value top Hon Hai's for the first time, and the gap has continued to widen. On Tuesday, FII rose 10 ... ( read original story ...)

SHANGHAI (Reuters) - Asset managers began fundraising for six ... and the money will be used to fund mainland listings of homegrown tech firms such as smartphone maker Xiaomi [IPO-XMGP.HK] and e-commerce giant Alibaba Group Holding. The launch of the ... ( read original story ...)

The Shanghai Composite Index rose 9.41 percent in 2015 ... Even compared to deposits, the stock market pales in returns. One can get a guaranteed return of 4 percent from a three-year time deposit. That means they can obtain an accumulative risk-free ... ( read original story ...)