Tag: banking

The stock exchanges in Shanghai and Shenzhen had more than 200 IPOs in the first half of this year, Choi said, as China accelerated efforts to clear a backlog of some 800 companies wanting to list. That trend should continue, Choi added, which means the ... ( read original story ...)

Nasdaq and the Shanghai Stock Exchange are in talks to acquire stakes in the Kazakhstan stock market to be launched this year, as its owners look to attract international investors to the Central Asian country. Under plans to be announced in the coming ... ( read original story ...)

TAIPEI/BEIJING Struggling Chinese tech group LeEco is under growing pressure from its creditors and business partners, with a court in Shanghai ordering a freeze on some of its assets over late payments to a bank. The latest financial troubles of the ... ( read original story ...)

SHANGHAI China's central bank said it will skip open market operations for the eighth day in a row on Tuesday, as liquidity levels in the banking system were "relatively high", the People's Bank of China said in an online statement. For the day ... ( read original story ...)

TAIPEI/BEIJING Chinese tech group LeEco is under growing pressure from its creditors and business partners, with a court in Shanghai ordering some of its assets frozen over late payments to a bank. The latest financial woes of the conglomerate, which has ... ( read original story ...)

China Merchants Bank Co Ltd said in a statement on Tuesday it had applied to have some of LeEco's assets frozen because a subsidiary, Leview Mobile HK Limited, had been late on making interest payments on a loan. "CMB's Shanghai branch repeatedly urged ... ( read original story ...)

SHANGHAI, July 4 (Reuters) - China's yuan firmed against the U.S. dollar on Tuesday, with major state-owned banks selling the greenback in the onshore market that helped bolster the Chinese currency. The People's Bank of China (PBOC) set the yuan midpoint ... ( read original story ...)