From aerospace and transportation to military and telecommunications, Shanghai Metal announces to supply aluminum alloy tubes and pipes for various industries. With a significant expertise and specialization in aluminum processing, China based Shanghai ... ( read original story ...)
Listed mainland companies find unique way to boost earnings
According to Shanghai-based data provider Wind Information ... The finding is an embarrassment to financial regulators who have long encouraged stock market fundraising to support the real economy. Since the incumbent leadership took office in late ... ( read original story ...)
China raises short-term interest rates in fresh tightening signal
SHANGHAI (Reuters) - China's central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of a tightening policy bias as the economy shows signs of steadying. ( read original story ...)
HSBC to launch P2P mobile wallet
Hongkong and Shanghai Banking Corporation is expected to launch a mobile wallet next week to take part in the emerging P2P payment market, local media reports.PayMe from HSBC, the P2P mobile app that could bundle a Visa or MasterCard credit card ... ( read original story ...)
China raises interest rates for Standing Lending Facility loans – sources
SHANGHAI Feb 3 China's central bank raised the lending rates on its standing lending facility (SLF) loans on Friday, two banking sources said. The overnight rate for the SLF loan was raised to 3.1 percent from 2.75 percent, the rate for seven-day tenor to ... ( read original story ...)
Deadline day: Chinese Super League flexes financial muscle during January transfer window
This season, Shanghai SIPG alone has spent more than $100 million signing Brazilian pair Oscar and Hulk -- and will spend many more millions on player wages. Shanghai Greenland Shenhua, meanwhile, made Carlos Tevez the highest earning footballer on the ... ( read original story ...)
Missing Chinese tycoon Xiao Jianhua’s company says ‘all normal’ at business empire
SHANGHAI (AFP) – Missing Chinese billionaire Xiao Jianhua’s company said on Thursday (Feb 2) all was “normal” in his business empire but did not address reports that he was whisked to China for investigations into 2015 stock market turmoil. ( read original story ...)