ANZ swaps buyer in $1.4 billion Shanghai bank sale; Baosteel in

SYDNEY/BEIJING (Reuters) - Australia and New Zealand Banking Corporation (ANZ.AX) said on Monday Baoshan Iron & Steel Co (600019.SS) would buy part of its stake in Shanghai Rural Commercial Bank Co [SHRCB.UL], rather than Shanghai Sino-Poland Enterprise ... ( read original story ...)

Confidence at Shanghai Commercial Bank

Shanghai Commercial Bank posted a 101-percent, year-on-year growth in net profit to HK$2.06 billion for the first six months. Corporate borrowing and commission fees accounted for much of it, and the situation is expected to remain largely unchanged in the ... ( read original story ...)

Stocks – Nikkei Gains In Asia In Mixed Session As Shanghai Dips - Asian shares were mixed on Monday with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems. The AfD stunned the German ... ( read original story ...)

China, HK stocks fall on property curbs, slowdown fears

Although China’s supply-side reform and tighter environmental protection measures have so far been well received by the market ... prices and related stock prices may fall in response.” Indeed, both China stocks and Shanghai commodity futures ... ( read original story ...)