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Tag: banking

Posted on 01/03/2024

Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Shanghai-based Shimao is among the many Chinese developers ... After that missed payment, its entire $11.7 billion worth of offshore debt is deemed to be in default. The German bank, which is one of ... ( read original story ...)

Posted on 01/03/2024

Exclusive-Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and ... ( read original story ...)

Posted on 01/03/2024

111 to Announce Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results- Conference Call to Follow

Inc. (NASDAQ: YI) ("111" or the "Company"), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today ... ( read original story ...)

Posted on 29/02/2024

Shanghai eyes more opening-up with new Pudong business hub

The Shanghai Eastern Hub International Business Cooperation Zone, an 880,000-square-meter area neighboring Pudong International Airport, will be built to better exert Shanghai's strengths in ... ( read original story ...)

Posted on 29/02/2024

Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher

Shares are mixed in Asia after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower ... ( read original story ...)

Posted on 28/02/2024

Shanghai eyes coordinated east-west growth with new Pudong business hub

Shanghai has released the masterplan for a new business hub in its eastern Pudong New Area, which will echo the Hongqiao business hub in the city's west for coordinated growth. The Shanghai Eastern ... ( read original story ...)

Posted on 28/02/2024

Stock market today: Asian stocks lower after Wall Street holds steady near record highs

HONG KONG -- Asian markets were mostly lower on Wednesday after U.S. stocks held near their record levels in a quiet day of trading. U.S. futures and oil prices fell. Japan’s benchmark Nikkei 225 ... ( read original story ...)

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