The seed and agrichemical producer, controlled by China National Chemical Corp, has received no official explanation, nor any word on next steps, leaving traders to speculate about the reason behind ... ( read original story ...)
Could a new banking crisis send the airfreight market off course?
Will the collapse of Silicon Valley Bank and resultant crisis impact the world of airfreight and rates? Maybe not this time, ... ( read original story ...)
Hotpot Ingredient Supermarket Considers $500 Million HK IPO, Sources Say
Guoquan Supply Chain (Shanghai) Co., a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise $300 million to $500 million, according to ... ( read original story ...)
European, US Bank Crisis Will Not Affect Bank of Communications’ Internationalization, Executive Say
The recent European and US banking crisis will not affect Bank of Communications’ internationalization strategy, according to an executive at the Chinese lender. “The impact of these events on us is ... ( read original story ...)
China’s yuan eases as bank relief boosts dollar, PMI in focus
SHANGHAI, March 30 (Reuters) - China's yuan eased on Thursday against the dollar, which was broadly firmer as concerns eased in the United States over the banking sector, while investors await March ... ( read original story ...)
China Construction Bank says needs to manage risks amid banking turmoil abroad
SHANGHAI, March 30 (Reuters) - China Construction Bank Corp (CCB) said on Thursday it needs to manage credit, liquidity and market risks, in light of the banking crisis in the EU and United States. ( read original story ...)
China’s Bank of Communications says it does not hold Credit Suisse AT1 bonds
SHANGHAI, March 30 (Reuters) - China’s Bank of Communications Co Ltd (BoCom) said on Thursday it does not hold Credit Suisse Additional Tier 1 (AT1) bonds. The comments were made by Tu Hong, a ... ( read original story ...)