Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market, Transsion confirmed to TechCrunch. The company—which has a robust Africa sales network ... ( read original story ...)
Standard Chartered opens innovation lab in Shanghai
Standard Chartered has opened its latest innovation lab and fintech incubator in Shanghai, in a bid to tap into the country's vibrant tech ecosystem and expertise in AI and Big Data. The eXellerator ... ( read original story ...)
Court bolsters US power to grab Chinese bank records
China Merchants Bank and Shanghai Pudong Development Bank. The banks were referenced in a related 2017 civil forfeiture case filed by the justice department that alleged Minzheng used accounts at the ... ( read original story ...)
Commentary: Hong Kong has become less of a financial centre prize for China
Today, Shanghai and Shenzhen consider Hong Kong a competitor ... The most valuable companies in Hong Kong continue to be financial and real estate groups, and the most common formula for wealth ... ( read original story ...)
Shanghai’s Lingang area to deepen opening-up
Wang Xin, a director of the People's Bank of China, also said during the conference that the new area will be developed within the broader picture of building up Shanghai as a financial center, ... ( read original story ...)
China Says U.S. Currency Manipulator Labelling Could Cause Chaos in Financial Markets
BEIJING/SHANGHAI — China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in ... ( read original story ...)
SBI becomes 1st Indian bank to link up with Chinas National Advance Payment System
The State Bank of India's Shanghai branch is now connected to China's National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it, a senior bank official said on ... ( read original story ...)