Tag: finance

is targeting raising more than $1.6 billion through a Shanghai IPO in a long-delayed plan that will be the biggest mainland listing so far in 2018. PICC plans to issue up to 4.6 billion A-shares in a Shanghai initial public offering (IPO) that will raise ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Tuesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will drain 30 billion yuan ($4.76 ... ( read original story ...)

Canara Bank will close its three foreign branches - Leicester (UK), Bahrain, and Shanghai - and sell its 50 per cent stake to State Bank of India (SBI) in Russia as part of rationalisation of overseas branch network. Rakesh Sharma, bank’s managing ... ( read original story ...)

Hongkong and Shanghai Banking Corp. said it expects the trade deficit of the Philippines to widen further to $3.719 billion in February from $3.317 billion in January amid surging imports that continue to outpace exports. The British bank said in a report ... ( read original story ...)

The entity investor education base of the Shanghai Stock Exchange (SSE) was officially put into operation ... principle and increase investor’s sense of gain in the capital market in 2018. Funny interaction: new technology brings new experience to ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Wednesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will neither inject nor drain any ... ( read original story ...)

SHANGHAI (Reuters) - China’s securities regulator has approved ... The China Securities Regulatory Commission (CSRC) approved the IPO at a meeting on Wednesday, Xinhua said, citing a statement on the CSRC website. CATL said the funds from the listing ... ( read original story ...)