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Tag: banking

Posted on 29/04/2022

Arm’s path to IPO smoothened after its Chinese venture ousts CEO

The board of Arm China, a Shanghai-based joint venture between Arm Ltd and Chinese ... complicating Arm's efforts to audit the unit's financials which is crucial to its planned IPO. On Thursday, Wu ... ( read original story ...)

Posted on 29/04/2022

China halves stock transfer fees in bid to reinvigorate bearish market

SHANGHAI : China's stock clearing agency said it will halve stock transfer fees from Friday to reduce investors' trading costs and to reinvigorate markets. The move is aimed at "promoting stable and ... ( read original story ...)

Posted on 28/04/2022

China Stock Market May Extend Wednesday’s Gains

The China stock market on Wednesday wrote a finish to the five-day slide in which it had plummeted more than 200 points or 6.6 percent. The Shanghai Composite Index now rests just beneath the ... ( read original story ...)

Posted on 27/04/2022

Bankers desperate to leave Shanghai as COVID lockdown hurts businesses

Harsh COVID-19 lockdowns have had a direct hit on business prospects in Shanghai, leaving finance sector workers desperate to move to Hong kong. ( read original story ...)

Posted on 27/04/2022

Financial lobby group urges Shanghai to ease COVID rules for staff stuck in offices

A leading lobby group for global financial services firms has urged Shanghai authorities to let hundreds of exhausted staff go home after a month-long strict COVID-19 lockdown that has kept them in ... ( read original story ...)

Posted on 27/04/2022

Shanghai wants ‘societal zero COVID’ as Beijing residents stockpile supplies for another lockdown

Shanghai's total lockdown has been in place for near a month, taking a toll on residents who have been confined to their homes. ( read original story ...)

Posted on 27/04/2022

Fed up with Covid-19 lockdown, bankers, fund managers consider leaving Shanghai

The four-week-long lockdown has started to weigh on financial deals, with some transactions put on hold. . Read more at straitstimes.com. ( read original story ...)

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