Tag: banking

Banking shares slumped on Tuesday. Industrial & Commercial Bank of China Ltd. lost 2.3 percent as of the 11:30 a.m. break in Shanghai, set for the biggest drop in more than a month, while China Merchants Bank Co. paced declines in Hong Kong with a 1.5 ... ( read original story ...)

“Bond connect is a perfect way to achieve one of our objectives – to broaden and deepen the investor base for us,” he told reporters on the sidelines of the bank’s annual meeting in Shanghai on Monday. The bond issuance, which follows the NDB’s 3 ... ( read original story ...)

SHANGHAI (Reuters) - A senior Chinese securities regulator vowed to maintain financial stability and prevent asset price bubbles as the country accelerates the opening-up of its financial markets to foreign investors. The comments by Fang Xinghai ... ( read original story ...)

Declining stocks outnumbered rising ones by 897 to 435 and 46 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.14% to 21.42. In commodities trading ... ( read original story ...)

2018 /PRNewswire/ -- The Chinese Academy of Science and Technology Management (CASTM), Tongji University and Shanghai Timeasset Financial Information Service Co., Ltd. ("Timeasset Financial") established the Tongji University Robo-Advisor Lab on May 23 ... ( read original story ...)

(ECNS) - Bank of Shanghai and China Construction Bank signed an agreement to launch China's first blockchain-based Letter of Credit on Tuesday. Bank of Shanghai also entered a strategic cooperation arrangement with Jiangsu HopeRun Software, a leading IT ... ( read original story ...)

is offering up to 1.97 billion shares at 13.77 yuan per share in Shanghai, according to a statement it filed to the stock exchange late on Tuesday. With 10 percent of its enlarged capital offered in the initial public offering (IPO), Shenzhen-based FII ... ( read original story ...)