Tag: banking

... regulators took steps to maintain stability in the stock market ahead of the 19th Party Congress, the Wall Street Journal reported yesterday. It said the stock exchange in Shanghai asked brokerages to monitor unusual fund movements in their clients ... ( read original story ...)

Meanwhile, an equity trading link between the Hong Kong bourse and exchanges in Shanghai and Shenzhen has made illegal ... to relax "know your customer" -- or KYC -- rules in the city's banking system. If the idea is to boost competitiveness, Hong ... ( read original story ...)

The issue date is on Oct. 26. The HongKong and Shanghai Banking Corp. Ltd. and ING Bank N.V., Manila Branch are the joint lead arrangers and bookrunners while PNB, HSBC, ING and Multinational Investment Bancorp. are the selling agents. PNB Capital and ... ( read original story ...)

The China stock market has finished higher in four straight sessions, gathering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now rests just beneath the 3,390-point plateau and it may extend its gains on Thursday. The global ... ( read original story ...)

Shanghai aims to become an investment and financing hub for markets involved in the Belt and Road Initiative and a global renminbi financial services center, said city authorities on Wednesday. "The city will step up the opening of the financial market ... ( read original story ...)

Helen Wong, Group General Manager of HSBC Group and Chief Executive for Greater China, The Hongkong and Shanghai Banking Corporation Limited, with the Best Overall International Bank for BRI award at Asiamoney Awards 2017 in Beijing, China, September 26. ( read original story ...)

SHANGHAI—China’s stock market has been edging higher ahead of a major meeting starting next week that will determine the Communist Party’s leadership for the next five years. The market’s calm, though, has mostly been stage-managed by Beijing. ( read original story ...)