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Tag: banking

Posted on 19/09/2023

Shanghai FTZ drives banking, insurance industry to greater heights

Shanghai's banking and insurance industry has made significant strides in financial openness and innovation in the pilot free trade zone over the past decade, and is gearing up for an even higher ... ( read original story ...)

Posted on 19/09/2023

Tencent-Backed Tuhu Car Set to Price IPO at Bottom of Range

Tuhu Car, an automotive-services company backed by Chinese technology giant Tencent Holdings, is likely to price its initial public offering at the bottom of its marketed range, people familiar with ... ( read original story ...)

Posted on 19/09/2023

UPDATE 1-China’s Tuhu Car to raise $146 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ... ( read original story ...)

Posted on 19/09/2023

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision

Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates ... ( read original story ...)

Posted on 19/09/2023

China’s yuan slips amid caution ahead of big central bank meetings

SHANGHAI: China’s yuan eased slightly against the dollar on Tuesday but found some support above levels seen as ... ( read original story ...)

Posted on 19/09/2023

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

In the years since Alibaba's 2014 U.S. IPO, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. ( read original story ...)

Posted on 18/09/2023

Chinese Driving School’s Stock Drops by Limit After Chairman’s Arrest

The arrest of Xu Xiong, who is also a director of the driving school and its actual controller, was approved by public prosecutors in Shanghai, his family told Yicai. His recent arrest may be related ... ( read original story ...)

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