SHANGHAI (Reuters) - China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, br... ( read original story ...)
PBOC Shanghai Head Office issues supportive measures for private businesses
A view of the Shanghai headquarters of the People's Bank of China (PBOC), China's central bank, at the Lujiazui Financial District in Pudong, Shanghai, Sept 19, 2018. [Photo/IC] SHANGHAI - The People' ... ( read original story ...)
China traders paying double for PICC shares after IPO surge
PICC Group was the first insurance company to list on the mainland in seven years, and the IPO was the second-largest in China this year, despite getting reduced in size amid weakness in the equity ma... ( read original story ...)
Shanghai Stock Exchange, Pudong Co-build Yangtze River Delta Capital Market Service Base
On the morning of November 14, the Shanghai Stock Exchange (SSE) and the Pudong New Area Government signed a Memorandum of Strategic Cooperation and the Agreement of Jointly Building the Yangtze River ... ( read original story ...)
China Traders Are Paying Double for PICC Shares After IPO Surge
PICC Group was the first insurance company to list on the mainland in seven years, and the IPO was the second-largest in China this year, despite getting reduced in size amid weakness in the equity ma... ( read original story ...)
Meituan Dianping Q3 net loss widens in first earnings after IPO
SHANGHAI, Nov 22 (Reuters) - China'sMeituan Dianping, an online food delivery-to-ticketing services firm that raised $4.2 billion in an IPO in September, said on Thursday it booked a net loss of 83.30 ... ( read original story ...)
China’s central bank says will support funding for Shanghai’s private sector
SHANGHAI (Reuters) - China’s central bank said on Thursday it will deploy at least 10 billion yuan ($1.44 billion) worth of relending quota to private and small companies in Shanghai, in sectors such ... ( read original story ...)