The total assets of Shanghai's banking industry amounted to 14.4 trillion yuan ($2.1 trillion) by the end of 2016, a year-on-year increase of 11.3 percent, according to data released by the Shanghai Banking Association on March 9. The increase was greatly ... ( read original story ...)
China-Tech IPOs Eyed as Potential Money-Earner for Global Banks
Alibaba's Ant Financial IPO is highly expected this year as it could raise about $25 billion but the biggest listing could be Lufax - Shanghai Lujiazui International Financial Asset Exchange Co -which could raise about $5 billion in Hong Kong in the second ... ( read original story ...)
Manulife gets green light to cater to investors in China
Canada-based Manulife said on Wednesday that the creation of the Shanghai-based unit paves the way for the financial group to provide its global public and private products in the fast-growing asset management industry in China. “This underlines Manulife ... ( read original story ...)
Manulife granted license to launch products from new Shanghai unit
Canada-based Manulife said on Wednesday that the creation of the Shanghai-based unit paves the way for the financial group to provide its global public and private products in the fast-growing asset management industry in China. "This underlines Manulife's ... ( read original story ...)
BRIEF-Huida Sanitary Ware issues prospectus for Shanghai IPO
LONDON, March 13 Asda, the British supermarket owned by Wal-Mart, is offering staff in its stores a 14 percent rise in hourly pay, if they sign a contract requiring more flexible working. ( read original story ...)
BRIEF-Lock-up period for Shanghai Pudong Dev Bank's 1.1 bln shares to end
* Says lock-up period for 1.1 billion shares to end, trading to start on March 20 Source text in Chinese: bit.ly/2nfhXP6 Further company coverage: (Reporting by Hong Kong newsroom) ( read original story ...)
China issues first penalties involving HK stock link
China started the landmark connection between the bourses of Shanghai and Hong Kong in late 2014, opening up its closeted share market to the outside world. A similar programme was launched in December linking Hong Kong with Shenzhen, China second stock ... ( read original story ...)