SHANGHAI, July 12 (Reuters) - China stocks were mixed on Wednesday morning, with bank shares powering the "Nifty 50" blue-chips to a 23-month high, as investors sought firms with solid fundamentals amid a continued correction in small-caps. The CSI300 ... ( read original story ...)
Two decades after crisis, China rises as global financial power
Latest progress in the financial sector includes global recognition of Chinese shares. Only two weeks ago, equity index provider MSCI finally included a number of Shanghai and Shenzhen listed stocks in one of its most traded indices, after three years of ... ( read original story ...)
BRIEF-Tibet Weixinkang Medicine’s Shanghai IPO oversubscribed in online tranche
* Says online part of Shanghai IPO attracted interest amounting 6,374.15 times amount on offer Source text in Chinese: bit.ly/2t01pOx (Reporting by Hong Kong newsroom) ( read original story ...)
Ex-Bank chairman Sandberg dies
Michael Sandberg, former chairman of Hongkong Bank, died at the age of 90. He passed away in London on July 2. Sandberg rose through the hierarchy of the Hongkong & Shanghai Banking Corporation to become its chairman and chief manager in Hong Kong in 1977." ( read original story ...)
Shanghai Metal Corporation Manufactures & Exports Stainless Steel Coil Related Products At Factory Cost
Shanghai Metal Corporation is a leading manufacturing company from China that is involved in production of metals, machineries, containers, construction materials, electrical systems, medical accessories and more. Different industries require different ... ( read original story ...)
BRIEF-Nanjing king-friend Biochemical’s IPO oversubscribed
* Says its Shanghai IPO attracted interest amounting to 2,156.15 times amount on offer Source text in Chinese:bit.ly/2uYtLVF Further company coverage: (Reporting by Hong Kong newsroom) ( read original story ...)
China’s retail banking poised to outgrow corporates as lenders aim for lower cost, better assets
“The coming five to 10 years could be the golden era for China’s retail banking sector as its potential is yet fully tapped despite years of sizzling growth,” McKinsey’s partner Nicole Zhou said in Shanghai. Leading Chinese banks have already seen ... ( read original story ...)