Tag: finance

Shanghai's annual GDP surged by 5 percent year-on-year in 2023, surpassing 4.72 trillion yuan ($657.09 billion), as announced by the city's bureau of statistics on Sunday. This growth was attributed ... ( read original story ...)

The lender said it plans to tap both domestic and overseas debt markets to sell a new category of total loss-absorbing capacity (TLAC) bonds, according to a Friday filing with the Shanghai Stock ... ( read original story ...)

China will stop lending of certain shares for short selling to arrest a slumping stock market. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in ... ( read original story ...)

SHANGHAI -- The balance of loans in Shanghai, including all currencies, rose 7.3 percent year-on-year at the end of December 2023 to 11.18 trillion yuan ($1.57 trillion), official data showed. ( read original story ...)

China will halt the lending of certain shares for short selling from Monday, the securities regulator announced Sunday, in a move to support the country’s slumping stock markets. Most Read from BloombergSingapore’s $200, ( read original story ...)

ArriVent BioPharma priced its upsized NASDAQ IPO at $18 per share, raising $175M. Click here for more on biotech deals, financing, trials and approvals. ( read original story ...)

Specifically, the balance of loans in Chinese yuan stood at 10.59 trillion yuan, up 8.6 percent year on year, according to the People's Bank of China Shanghai Head Office. Outstanding foreign currency ... ( read original story ...)