Shanghai Commercial Bank posted a 101-percent, year-on-year growth in net profit to HK$2.06 billion for the first six months. Corporate borrowing and commission fees accounted for much of it, and the situation is expected to remain largely unchanged in the ... ( read original story ...)
Australia and New Zealand Banking : Update on Shanghai Rural Commercial Bank
ANZ today announced that under a revised arrangement Baoshan Iron & Steel Co., Ltd. (Bao) will join China COSCO Shipping Corporation Limited (COSCO) to acquire ANZ's 20% stake in Shanghai Rural Commercial Bank (SRCB). Under a new sale agreement, Bao will ... ( read original story ...)
Stocks – Nikkei Gains In Asia In Mixed Session As Shanghai Dips
Investing.com - Asian shares were mixed on Monday with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems. The AfD stunned the German ... ( read original story ...)
China, HK stocks fall on property curbs, slowdown fears
Although China’s supply-side reform and tighter environmental protection measures have so far been well received by the market ... prices and related stock prices may fall in response.” Indeed, both China stocks and Shanghai commodity futures ... ( read original story ...)
Yantai Changyu Pioneer Wine Company Ltd (200869) Is Yet to See Trading Action on Sep 25
With the lifting of the ban on trading A Shares in Shanghai by foreigners, the SSE Composite Index has become an important indicator of the health of China’s stock market. Though SSE Composite Index tracks all listed stocks on SSE, the index has smaller ... ( read original story ...)
SBI HLDGS-DRS (6488) Is Yet to See Trading Action on Sep 25
The SEHK follows the Tokyo Stock Exchange (TSE) and the Shanghai Stock Exchange (SSE) in terms of market capitalization. Good SBI HLDGS-DRS liquidity helps it to stay in the lists of SSE. The pre-market session on the SEHK opens at 9:00 a.m. and concludes ... ( read original story ...)
Losing Streak May End For China Bourse
(RTTNews) - The China stock market has moved lower in back-to-back sessions, easing almost 15 points or 0.4 percent along the way. The Shanghai Composite Index now rests just above the 3,350-point plateau although it may find support on Monday. The global ... ( read original story ...)