Tag: finance

SHANGHAI, Nov 17 (Reuters) - Shanghai's stock market fell on Friday, on track to post its biggest weekly loss in three months, with sentiment soured by a sharp correction in alcohol producer Kweichou Moutai, seen as a bellwether among Chinese blue chips. ( read original story ...)

and that analysts’ share price targets and valuations in the market are "overly high". The stock dropped 2 percent at 9:36 a.m. in Shanghai. Moutai has more than doubled this year, with Goldman Sachs Group Inc. alone raising its target on the company 11 ... ( read original story ...)

The insurer said it bought 130.8 million A shares of Minsheng Bank in the secondary market in Shanghai last week, representing 0.36 per cent of the lender’s total issued ordinary shares. The purchase price was not revealed. The trades increased Huaxia ... ( read original story ...)

who stepped down as a Bank of Taizhou vice president in 2014 after almost a decade with the bank and now serves as a Shanghai-based adviser to the company. “What we added was a systematic approach to measure repayment capacity.” Big banks are ... ( read original story ...)

ICBC is the nation’s largest bank by assets, but small- and mid-sized mainland banks including China Merchants Bank, Shanghai Pudong Development Bank, Industrial Bank and Ping An Bank, have already tested the waters in using such robos in a bid to woo ... ( read original story ...)

"The risk appetite is dropping," said Dai Ming, a fund manager at Hengsheng Asset Management in Shanghai. "Tight liquidity and ugly ... will remain in place has taken its toll on the debt market, sending the yield on the nation's 10-year treasuries above ... ( read original story ...)

A total of 377 Chinese companies debuted on the Shanghai and Shenzhen stock exchanges so far this ... The result echoes the earlier report by Xinmin Evening News that the number of IPO would be 352 as of the middle of October, a new high compared to ... ( read original story ...)