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Tag: banking

Posted on 31/05/2022

As Shanghai reopens, what Day 1 without stringent Covid-19 prevention measures will look like

The Shanghai Composite has recouped most losses caused by the pandemic, but stocks will continue to face a challenging environment The closed loop system will remain in place for a while because local ... ( read original story ...)

Posted on 31/05/2022

This electric vehicle stock is poised for a comeback as China lockdowns ease, Morgan Stanley says

Shutdowns in China have hard-hit Nio, but the electric vehicle is finally ready for a rebound, Morgan Stanley says. ( read original story ...)

Posted on 31/05/2022

Banks Resume Service In Shanghai After Lockdown

More banks in downtown Shanghai resumed service over the weekend as the city seeks to accelerate reopening with the city's coronavirus outbreak on the wane. ( read original story ...)

Posted on 31/05/2022

Shanghai’s Bankers, Fund Managers Go Home After Two-Month Stint at Lujiazui Offices

Staff at banks and asset management companies in Lujiazui, Shanghai’s Wall Street, are finally returning to their homes, some after more than 60 days camped out in offices, following the lifting of ... ( read original story ...)

Posted on 31/05/2022

‘Hard to believe it’s actually happening’: Shanghai to lift COVID lockdown

SHANGHAI (Reuters) -Shanghai authorities on Tuesday began dismantling fences around housing compounds and ripping police tape off public squares and buildings, to the relief of the city's 25 million ... ( read original story ...)

Posted on 31/05/2022

Shanghai’s easing lockdown gives world economy a much-needed boost

The financial hub’s 25 million-odd residents were forced to ... and businesses - which is good news for Australia’s iron ore and lithium-heavy economy. Shanghai has been under strict lockdown as China ... ( read original story ...)

Posted on 31/05/2022

Shanghai Regulator Asks Financial Institutions to Help Foreign Trade Firms Resuming Operation

The Shanghai office of the China Banking and Insurance Regulatory Commission is calling on lenders and insurers in the city to serve foreign trade and other companies that are resuming operation after ... ( read original story ...)

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