SHANGHAI – Alibaba Group Holding Ltd. plans to split its ... “The market is the best litmus test, and each business group and company can pursue independent fundraising and IPOs when they are ready.” ... ( read original story ...)
SMM Evening Comments (Mar 28): Shanghai Nonferrous Metals Closed with Gains on Abating Risk Aversion
Shanghai nonferrous metals closed with gains in day trading. On the macro front, the U.S. Federal Deposit Insurance Corporation announced that First Citizens Bank, who acquired Silicon Valley Bank ... ( read original story ...)
Hong Kong shares rise as banking contagion fears ease; China stocks mixed
Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, had a mixed performance. ** China's ... ( read original story ...)
Asian shares mostly rise on relief over US bank strength
Asian shares are higher as investors got some relief from worries over troubled U.S. lenders with a planned takeover of failed Silicon Valley Bank ... ( read original story ...)
People’s Bank of China Decided to Lower RRR Of Financial Institutions
The Central Bank announced that the deposit reserve ratio of financial institutions will be lowered by 0.25 percentage point on March 27 (excluding financial institutions that have implemented a ... ( read original story ...)
Shanghai Commercial & Savings Bank
The Shanghai Commercial & Savings Bank Ltd. engages in the commercial banking business. The company provides general corporate loans, policy loans, foreign exchange business, overseas finance ... ( read original story ...)
Shanghai’s Lujiazui now home to over 100 foreign asset management institutions
SHANGHAI, March 27 (Xinhua) -- More than 100 foreign-funded asset management institutions have now settled in Shanghai's Lujiazui Financial City, demonstrating China's further opening-up of its ... ( read original story ...)