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Tag: banking

Posted on 17/08/2023

I-Mab Provides Mid-Year 2023 Financial Results, Business and Corporate Updates

Significant progress made year-to-date on key clinical assets:‐ Uliledlimab (CD73 antibody): Encouraging early results were presented at ... ( read original story ...)

Posted on 17/08/2023

Shanghai Police Detain Woman Over Alleged Forex Crimes

Shanghai police have detained five people for illegal trading of foreign exchange, state media reported Thursday without giving the full name of the suspects or the company they work for, state media ... ( read original story ...)

Posted on 17/08/2023

China Development Bank plans to raise overseas dollar debt to fund onshore liquidity

China Development Bank said late Wednesday it plans to raise overseas dollar debt to increase onshore dollar liquidity after the country's central bank relaxed rules last month to allow firms and ... ( read original story ...)

Posted on 17/08/2023

Stock market today: Asia follows Wall Street lower after Fed’s notes dent hopes of rate hikes ending

Asian stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished ... ( read original story ...)

Posted on 17/08/2023

China’s troubled $188 billion shadow bank plans debt restructuring, taps KPMG

SHANGHAI - The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure its debt and has hired KPMG to conduct an audit of its balance ... ( read original story ...)

Posted on 17/08/2023

Thursday Briefing: China’s stock market slump

A recent stream of worrying economic data released by China is taking the fizz out of its stock market. ( read original story ...)

Posted on 17/08/2023

Intchains Group Limited Reports Second Quarter 2023 Unaudited Financial Results

Interest income increased by 66.3% to RMB4.4 million (US$0.6 million) for the second quarter of 2023 from RMB2.6 million for the same period of 2022, mainly attributable to the increase in our cash ... ( read original story ...)

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