Shanghai's banking industry maintains good momentum

The total assets of Shanghai's banking industry amounted to 14.4 trillion yuan ($2.1 trillion) by the end of 2016, a year-on-year increase of 11.3 percent, according to data released by the Shanghai Banking Association on March 9. The increase was greatly ... ( read original story ...)

China-Tech IPOs Eyed as Potential Money-Earner for Global Banks

Alibaba's Ant Financial IPO is highly expected this year as it could raise about $25 billion but the biggest listing could be Lufax - Shanghai Lujiazui International Financial Asset Exchange Co -which could raise about $5 billion in Hong Kong in the second ... ( read original story ...)

Manulife gets green light to cater to investors in China

Canada-based Manulife said on Wednesday that the creation of the Shanghai-based unit paves the way for the financial group to provide its global public and private products in the fast-growing asset management industry in China. “This underlines Manulife ... ( read original story ...)