Shares of Bank of Shanghai (SHA:601229) last traded at 15.04, representing a move of -0.73%, or -0.11 per share, on volume of 9.96 million shares. After opening the trading day at 15.16, shares of Bank of Shanghai traded in a close range. Bank of Shanghai ... ( read original story ...)
China Stock Market Tipped To Open In The Red
(RTTNews.com) - The China stock market has moved lower in two straight sessions, giving away almost 15 points or 0.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,305-point plateau and it figures to extend its losses on ... ( read original story ...)
The Hongkong and Shanghai Banking Corp. Ltd. ‘AA-‘ Ratings Affirmed, Despite High Credit Growth; Outlook Stable
HONG KONG (S&P Global Ratings) Nov. 27, 2017--S&P Global Ratings today affirmed its 'AA-' long-term issuer credit rating on The Hongkong and Shanghai Banking Corp. Ltd. (HSBC Asia Pacific). The outlook is stable. At the same time, we affirmed our 'A-1 ... ( read original story ...)
Starbucks Opens State-of-the-Art Premium Reserve Roastery Experience in Shanghai with the First Fully Immersive Coffee Wonderland in China
Starbucks Reserve Roastery in Shanghai, the first fully immersive coffee experience in Asia, will celebrate its historic opening tomorrow, Dec. 6, culminating in Starbucks Coffee Company's (NASDAQ: SBUX) most ambitious project ever. When the doors open to ... ( read original story ...)
China equity market anomaly widens despite Stock Connect
Shanghai Electric, CSSC Offshore & Marine Engineering ... retail investors receive negative real interest rates on their deposits “which can lead to silly [stock market] valuations if that is the hurdle rate”, given that the domestic bond market ... ( read original story ...)
China’s Stock Rally May Run Out of Steam Next Year
China’s benchmark stock index will trade weaker than current levels for ... according to Bocom International Holdings Co.’s Hao Hong. The Shanghai Composite Index will move between 2,800 and 3,900 for the next 12 months, with brief episodes of ... ( read original story ...)
How banks are tightening their credit policies, cherry-picking the customers most likely to deliver them highest profits as year-end nears
“We have seen credit in short supply near this year-end, partly thanks to a bigger demand from businesses when the macro economy is on a firmer footing,” said Zhao Yarui, a senior researcher at Bank of Communications in Shanghai. “The shortage in ... ( read original story ...)