Industrial Bank Co., Ltd., one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits rise 1.15 percent in 2020. Its net profit attributable to shareholders ... ( read original story ...)
BlackRock Closes Shanghai Unit as It Shifts Focus to Mutual Fund Business
BlackRock last week voluntarily cancelled the business registration of its wholly foreign-owned enterprise (WFOE) unit in Shanghai ... rankings and stock market news. ( read original story ...)
Soft Start Expected For China Stock Market
The China stock market has moved higher in three straight sessions, gathering more than 90 points or 2.6 percent along the way. The Shanghai Composite Index now rests just above the 3,455-point ... ( read original story ...)
Pandemic pushes big-city dreamers out of Shanghai
Workers from rural China came to Shanghai in search of better lives, a challenge even in good times. Then the COVID-19 lockdown hit. ( read original story ...)
Bank of China net profit up 2.92 pct in 2020
according to the bank's report filed with the Shanghai Stock Exchange. Its revenue rose by 2.98 percent year on year to hit 565.53 billion yuan during the same period, said the report. BOC in 2020 ... ( read original story ...)
More Ride-Hailing And Food Delivery IPOs Are In The Works
While Deliveroo prepares to make its stock market debut next month, more firms in the delivery and ride-hailing space are thrashing out plans to go public. ( read original story ...)
Agricultural Bank of China reports revenue, profit gains in 2020
according to the bank's report filed with the Shanghai Stock Exchange. Its net profits rose by 1.6 percent year on year to hit 216.4 billion yuan during the same period, said the report. The lender ... ( read original story ...)