Tag: banking

BEIJING/SHANGHAI (Reuters) - China's virtual gifting market, typically the domain of plugged-in young consumers celebrating special occasions or flirting, is luring major financial institutions keen to boost trade of another auspicious commodity ... ( read original story ...)

SHANGHAI China's banking regulator has asked banks to inspect how they monitor their liquidity positions and how much credit risk they are carrying, according to a notice seen by Reuters. The move comes amid concern that many Chinese firms are struggling ... ( read original story ...)

* Says online part of Shanghai IPO attracted interest amounting to 8911.31 times amount on offer Source text in Chinese: bit.ly/2mb7dQ1 (Reporting by Hong Kong newsroom) ( read original story ...)

SHANGHAI China's banking regulator asked joint-stock banks to carry out checks on liquidity risk monitoring and management and the basis of their credit risk, said three people with direct knowledge of the matter. The move comes after Premier Li Keqiang ... ( read original story ...)

Five companies will be listed on the Shanghai stock exchange, two on the Shenzhen small and medium enterprise board and three on the ChiNext, China's NASDAQ-style board. The companies and their underwriters will confirm the IPO dates after discussing with ... ( read original story ...)

will expand via SPD Silicon Valley Bank (SSVB) — a joint-venture between Shanghai Pudong Development Bank Co. Ltd and SVB. This is SSVB's second branch, after opening headquarters in Shanghai in 2012. The Beijing branch, which officially opened on Feb ... ( read original story ...)

* Says it plans to issue up to 21.30 million shares at 15.76 yuan ($2.29) per share to raise up to 335.69 million yuan for its Shanghai IPO Source text in Chinese: bit.ly/2mHeFRt ($1 = 6.8794 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ( read original story ...)