The Bank of Communications, one of China's largest commercial banks, has opened a branch in Johannesburg, South Africa, the first branch established by the bank on the African continent, according to ... ( read original story ...)
Shinsun IPO Mints New China Real Estate Billionaire Family
The start of Hong Kong trade on Wednesday by real estate developer Shinsun Holdings Group has formally minted a new China real estate billionaire family. ( read original story ...)
Ant Group IPO-linked Chinese funds to return $9bn to investors
Chinese funds that raised more than 60 billion yuan ($9.12 billion) targeting Ant Group's now-suspended initial public offering, which had been expected to raise up to $39.6 billion, are offering full ... ( read original story ...)
Sinopec Shanghai: On The Path Of Recovery
RMB514 million in 2Q 2020 to a net profit of RMB1,074 million in 3Q 2020, which suggests that recovery is in sight. ( read original story ...)
Fosun’s Unit Rallies on Debut After Biggest India Pharma IPO
Gland Pharma Ltd. rallied on its trading debut in Mumbai after the initial public offering of the Chinese-owned drugmaker raised $873 million in India’s biggest-ever IPO by a pharmaceutical firm. ( read original story ...)
Shanghai to champion financial opening-up
Foreign-invested enterprises will not be required to maintain a separate account for renminbi-denominated capital flows at a pilot project in Shanghai soon, a senior official from the People's Bank of ... ( read original story ...)
METALS-Shanghai copper near highest in 2-1/2 yrs on Chinese demand
Shanghai copper prices hovered near 2-1/2-year highs on Friday, underpinned by strong physical demand in China and hopes of supportive U.S. policies for the metal used in renewable energy under a Joe ... ( read original story ...)