Tag: banking

China Evergrande, the world’s most heavily indebted real estate developer, said in a notice to the Hong Kong Stock Exchange that its shares would remain suspended until further notice after they plunged nearly 20% on Wednesday and were suspended from trading as of Thursday. ( read original story ...)

Established a decade ago, the China (Shanghai) Pilot Free Trade Zone has been at a forefront in promoting financial reform and opening up, with the "Shanghai Price" and "Shanghai Pattern" taking shape ... ( read original story ...)

A total of 42 companies raised US$3.13 billion in the first nine months, a 65% year on year drop in fundraising and the lowest since 2003, Refinitiv says. Investors and analysts hope for a ... ( read original story ...)

Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong. ( read original story ...)

Shanghai has to reduce taxes and red tape, make the yuan fully convertible and broaden market access to draw more investment, European Union Chamber of Commerce leaders say. ( read original story ...)

Sept 27 (Reuters) - Haitong Securities plans to buy the remainder of its Hong Kong-listed subsidiary Haitong International in a bid to stem the offshore investment banking arm’s losses, two sources ... ( read original story ...)

Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy ... ( read original story ...)