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Posted on 21/04/2020

After Luckin fiasco, China set to pre-empt financial frauds

Last month, the Shanghai Financial Court released China's first set of rules that includes detailed regulations over class action lawsuits, a signal that related parties are stepping up efforts to put ... ( read original story ...)

Posted on 20/04/2020

Debt-laden HNA Group sells prime waterfront office tower in Shanghai for US$509 million

HNA Group halts trading of its note in Shanghai as a hasty plea for time caused panicking investors to flee its ... and to restructure and manage troubled financial institutions, securities firms, ... ( read original story ...)

Posted on 20/04/2020

Shanghai Stock Exchange restores pricing of CSI 300 Index after glitch caused by system upgrade led to wild swings

Trading of individual stocks, bonds, funds and options linked to exchange-traded funds was not affected by the erroneous pricing, the Shanghai exchange said in an earlier statement. Trading on the ... ( read original story ...)

Posted on 20/04/2020

Asian shares mixed as oil prices fall back; China cuts rate

Shares were mixed in Asia on Monday after a key interest rate to help cushion the impact of the pandemic on its economy. Benchmarks rose Monday in Hong Kong and Shanghai but fell in Tokyo. Oil prices ... ( read original story ...)

Posted on 19/04/2020

Crackdown raises fears for Hong Kong’s status as financial centre

Shanghai | China is expected to continue its clampdown on ... was worried that the clampdown threatened the future of Hong Kong's status as an Asian financial centre. More than 100,000 Australians are ... ( read original story ...)

Posted on 19/04/2020

Alibaba-Backed AI Startup Sales Triple Enroute to IPO

Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security. ( read original story ...)

Posted on 19/04/2020

Tennis bodies join forces to offer financial help to lower tier players were left without an income

The tennis season was halted in early March due to the pandemic, leaving players in the lower tiers who depend solely on tournament winnings without the chance to earn a living. ( read original story ...)

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