Tag: finance

This service allows continuous real-time remittance of funds from seven currencies USD, GBP, HKD, CAD, AUD, JPY and EUR to the local currency RMB for recipients in China. The service uses a fixed daily rate to minimize risks arising out of foreign exchange ... ( read original story ...)

The Silicon Valley electric carmaker's wholly-owned manufacturing facility would be built in Shanghai's free-trade zone, the Wall Street Journal said, quoting unnamed sources with knowledge of the deal, and could allow Tesla to dramatically lower the cost ... ( read original story ...)

Shanghai-based co-working space start-up Naked Hub said on ... ZhongAn Online Property & Casualty Insurance Co went public in September, raising $1.5 billion in the biggest ever IPO by a financial technology firm in Asia. Naked Hub, backed by Hong Kong ... ( read original story ...)

SHANGHAI: Shanghai stocks eked out modest gains on Friday but ... Investor sentiment was rattled on Thursday by People's Bank of China Governor Zhou Xiaochuan's warning about asset bubbles in the world's second-largest economy. However, stocks regained ... ( read original story ...)

Shares of Sinopec Shanghai Petrochemical Co Ltd (HKG ... the index must belong to the group of stocks that make top 90% of total market value of common shares. Additionally, the stock must belong to the group that comprises 90% of the total turnover ... ( read original story ...)

Shanghai is preparing for a free trade port in line with central government guidelines, the city’s Communist Party chief Han Zheng said Thursday at the 19th Party Congress after the mainland equities market closed. The initiative is in its planning ... ( read original story ...)

The Shanghai location will help Plus seamlessly process payments and invoices for activity within China, where strict financial regulations can make moving money a challenge for outside companies. Additionally, the new location brings Plus even closer to ... ( read original story ...)