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Tag: banking

Posted on 13/03/2023

Asian stocks digest U.S. banking woes, China outperforms

Asian stocks crept higher on Monday as markets gauged the potential fallout from a banking crisis in the U.S., while Chinese indexes outperformed as the government promised more support for the ... ( read original story ...)

Posted on 13/03/2023

Asian shares mostly sink on jitters after US bank failure

Asian shares have mostly fallen, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world ... ( read original story ...)

Posted on 13/03/2023

Hong Kong’s revival as a global IPO hub faces challenges – and it will be no panacea for the economy

Both Shanghai and Shenzhen have become leading centres for IPO listings, while Switzerland's equity market has also emerged as an attractive option for Chinese companies As a leading international ... ( read original story ...)

Posted on 12/03/2023

Global competition reshapes future banking outlets

A global design competition wrapped up in Shanghai over the weekend, offering a futuristic glimpse of how banking outlets might look like in the digital era. Nineteen teams from colleges and ... ( read original story ...)

Posted on 12/03/2023

Silicon Valley Bank’s China venture in doubt as start-ups struggle to access US funds

The failure of Silicon Valley Bank has left many Chinese funds and tech start-ups in the lurch, as the collapsed institution served as a key funding bridge for groups operating between China and the ... ( read original story ...)

Posted on 12/03/2023

SVB Collapse Could Add to China Stock Investors’ Anxiety

The market mood could be damped further following Friday's sudden collapse of start-up focused lender SVB, which stirred heated discussion over the weekend in China about its fallout. "The SVB failure ... ( read original story ...)

Posted on 12/03/2023

Silicon Valley Bank’s joint venture partner in China unaffected by US collapse

Silicon Valley Bank's joint venture in China stressed on Saturday that it is operating normally and in full compliance with Chinese laws and regulations, as the US bank's collapse has caused ripple ... ( read original story ...)

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