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Tag: ipo

Posted on 26/05/2025

Shanghai’s Changfeng Xincun: A hub of growth, global exchange

Changfeng Xincun subdistrict in Shanghai's Putuo district is emerging as a bustling hub of economic prosperity, age-friendly inclusivity, and international connectivity, showcasing a vibrant vision ... ( read original story ...)

Posted on 26/05/2025

China pushes for more bank mergers to make financial sector shockproof

A system with more big banks and brokerages would help “shape China’s financial policies in the long period of economic transitions that lies ahead . . . and can help de-risking the system in the ... ( read original story ...)

Posted on 26/05/2025

Sinovel Wind’s Shanghai IPO to Raise Up to $1.4 Billion

in an initial public offering ahead of a Shanghai listing, bucking the trend of Hong Kong listings by China's wind power firms. The planned offering is set to be the biggest mainland IPO by a ... ( read original story ...)

Posted on 25/05/2025

China lowers deposit rate ceiling to protect banks’ interest margins, sources say

China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks' profit margins and discourage savings. ( read original story ...)

Posted on 25/05/2025

Shanghai Commercial Bank Advances Governance, Risk, and Compliance Capabilities with Wolters Kluwer

HONG KONG, May 20, 2025--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance today announces that Shanghai Commercial Bank (SCB) has implemented a comprehensive regulatory reporting ... ( read original story ...)

Posted on 24/05/2025

Throwing Money at LLMs Doesn’t Guarantee Success, Chinese Banks Learn

Zhao Liming, director of the Digital Finance Center at Kunming-based Fudian Bank, echoed this view. He suggested that small- and mid-sized banks leverage local data and internal resources to fine-tune ... ( read original story ...)

Posted on 24/05/2025

New US Tax Bill Will ‘Stabilise Things’ but Increase Deficit, JPMorgan’s Dimon Says

The new bill is estimated to add $3.8 trillion to the U.S. government's $36.2 trillion in debt over the next decade. Credit rating firm Moody's last week stripped the U.S. government of its top-tier ... ( read original story ...)

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