Tag: banking

SHANGHAI: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity. The Shanghai Composite Index dropped 0.8 ... ( read original story ...)

Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)

If the Shanghai index doesn't rise in the afternoon, Monday will be its worst day since Aug. 11. Over the weekend, China's securities regulator approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average ... ( read original story ...)

SHANGHAI, Oct. 29, 2017 /PRNewswire/ -- A network community and an investment fund for promoting scientific innovation was set up in Shanghai by several institutes from China and abroad on Thursday. The community, named Caohejing Global Innovation Network ... ( read original story ...)

The stock has been pummeled by some of China ... s slump have been outside the company’s control. When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just ... ( read original story ...)

BEIJING - China has announced key personnel changes in the southern economic powerhouse of Guangdong and the financial hub of Shanghai over the weekend. On Saturday (Oct 28), Mr Li Xi, 61, was appointed the party secretary of Guangdong province ... ( read original story ...)

China's securities regulator has approved IPO applications from nine companies, which will raise no more than 9.5 billion yuan (around 1.43 billion U.S. dollars) in the A-share market. Five companies will be listed on the Shanghai Stock Exchange ... ( read original story ...)