A major transformation of the east bank of Shanghai’s Huangpu River was proposed by the East Bank Group; initiating an international design competition to master plan 21-kilometres of the waterfront. The challenge was to further unlock the city’s ... ( read original story ...)
Cats, rats and what a fistful of dodgy dollars in the desert tells us about China’s banking system
The revelations come hard on the heels of another banking scandal. Regulators said last month that the Chengdu branch of Shanghai Pudong Development Bank, which had reported “zero” non-performing loans for years, had used 1,493 shell companies to hide ... ( read original story ...)
SPD Bank opens London branch
Shanghai Pudong Development Bank will open its first London branch on Tuesday, the latest in a series of Chinese banks opening offices in the city. Over the past four years, four Chinese banks have established London branches before SPD Bank opened theirs ... ( read original story ...)
Shanghai Henlius Biotech Inc is reportedly planning its IPO offering
As Hong Kong is looking to overhaul its traditional IPO rulings in order to create further competition with New York, Shanghai Henlius Biotech is set to benefit from these changes. Bloomberg has reported that the company is looking to go public under the ... ( read original story ...)
China’s Okay Airways Plans China IPO Around 2021, Executive Says
In the run-up to the IPO, the carrier plans to sell stakes to foreign airlines ... The listing will be either in Shanghai or Shenzhen, he said. Selling stakes to foreign airlines would help improve its management and facilitate its plans for international ... ( read original story ...)
China approves 4 IPO applications
China's securities regulator approved four new IPO applications during the past week, which will raise up to 5.1 billion yuan (more than 800 million U.S. dollars) in the A-share market. One company will be listed on the Shanghai Stock Exchange, two on the ... ( read original story ...)
China Stocks Hit by Beijing’s Financial Clampdown
SHANGHAI—Chinese stocks had their worst week since 2016, with fresh concerns about Beijing’s campaign to cut financial risk and predictions of a slowing economy helping erase half of the market’s year-to-date gains in just a few days. The Shanghai ... ( read original story ...)