Xiamen Voke Mold&Plastic Engineering (301196) to start trading on the Shenzhen ChiNext Market Jan 11, tomorrow. The firm has issued 31.20 mln shares priced at RMB 64.08 per share raising RMB 2 bln. ( read original story ...)
China fines Bank of East Asia US$2.6 million for violating credit information rules
China's central bank said on Monday it fined Hong Kong's Bank of East Asia 16.74 million yuan (US$2.63 million) for violating rules on collecting credit information, a filing showed.The penalty, which ... ( read original story ...)
Chinese Cosmetics Maker Chicmax Said to Plan Hong Kong IPO
Chinese cosmetics manufacturer Shanghai Chicmax Cosmetic Co. is planning an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter. ( read original story ...)
China Bank Lending to Sustain Momentum in 2022
The surge in bank demand for bankers’ acceptance bills (BABs) in December 2021 should prove temporary, and is not likely to presage weakness in more traditional lending activity over 2022, says Fitch ... ( read original story ...)
OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology’
OneConnect Financial Technology Co., Ltd. (NYSE: OCFT ) ('OneConnect'), a leading technology-as service platform for financial institutions has today announced it has entered into a strategic ... ( read original story ...)
No Relief Yet For China Stock Market
The China stock market has finished lower in three straight sessions, sinking almost 55 points or 1.7 percent along the way. The Shanghai Composite Index now rests just above the 3,585-point plateau ... ( read original story ...)
China central bank makes biggest weekly cash withdrawal since November
SHANGHAI: China's central bank injected minimal cash via short-term loans into the banking system on Friday (Jan 7), effectively withdrawing most of the liquidity support lent towards end-2021. The ... ( read original story ...)