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Tag: banking

Posted on 25/06/2024

China Market Update: Did The National Team Intervene In The Mainland Market? Kweichow Moutai Reverses Intra-Day

which also helped lift stock prices. Mainland China had a very weak day as the Shanghai Composite declined -1.17%, closing below the 3,000 level and the Shenzhen Component fell -2.29%, as the market ... ( read original story ...)

Posted on 25/06/2024

China Stocks Fall as Markets Await Clues About Economic Recovery

Chinese shares declined, weighed by software and property stocks. The benchmark Shanghai Composite Index closed 1.2% lower at 2963.10, the Shenzhen Composite Index fell 2.3% and the ChiNext Price ... ( read original story ...)

Posted on 25/06/2024

Stock market today: Global stocks are mixed as central banks hold off on rate cuts

Also Thursday, Indonesia’s central bank kept its benchmark rate steady at 6.25%. Indonesia's currency, like many in Asia, has weakened against the dollar, slowing moves by its central bank to cut ... ( read original story ...)

Posted on 25/06/2024

Property Manager ESR Group’s China REIT Wins Approval For $340 Million IPO

ESR, the sponsor of ESR C-REIT, will subscribe to a 34% stake of the IPO. The remaining 66% will be subscribed ... a city in China's eastern Jiangsu province near Shanghai. The three logistics ... ( read original story ...)

Posted on 24/06/2024

China approves ESR Group’s Reit IPO, letting real estate investment trust raise US$356 mn

Hong Kong-listed ESR Group, an Asia-focused real estate services and investment company, said China’s securities regulator had approved its plan to list a Reit ... ( read original story ...)

Posted on 23/06/2024

China’s A-share stock exchanges resume IPO application acceptance; will bolster investor confidence, market growth

It is strongly proposed to initiate a joint signing against Japan's discharge of nuclear-contaminated water into the sea ... ( read original story ...)

Posted on 23/06/2024

Russian Tycoon’s US-Sanctioned Bank Expands Services for Chinese

Russia’s largest private lender, sanctioned by both the US and the European Union, is planning to open new offices in China after it expanded client support services for Chinese businesses. ( read original story ...)

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