SHANGHAI -- President Xi Jinping's campaign against financial risk is causing problems for businesses, sending banks scrambling for cash, driving up borrowing costs for companies and stifling a stock market boom. Market players here took note when Shanghai ... ( read original story ...)
Shanghai Stock Exchange, Hengshan Group Ink Astor House Hotel Lease Contract
The Shanghai Stock Exchange (SSE) and Shanghai Hengshan (Group) Corp. officially sign the Astor House Hotel Lease Contract on December 29, 2017. The signing aims at offering a venue for the capital market series exhibitions in 2018, and Astor House Hotel ... ( read original story ...)
Shanghai-London Stock Connect scheme to roll out this year
The delay in the launch was due to some technical problems such as time-zone difference and market maker arrangement, an insider close to London Stock Exchange told yicai.com. With eight-hour time difference, when London Stock Exchange opens, Shanghai ... ( read original story ...)
China Tightens Regulation Over Mobile Payment Apps — What’s Next For Tencent and Ant Financial?
Now that digital wallets like Ant Financial’s Alipay and Tencent’s Ten Pay have ... a professor of finance at the China Europe International Business School in Shanghai (CEIBS). More On Forbes: How China’s Central Bank Is Clamping Down On The Mobile ... ( read original story ...)
Get smarter – tellers must adapt as Chinese customers embrace digital banking services
How do users and tellers cope with the “go smart” banking trend in Shanghai? For young white-collar worker Ada Shen, it did not take her long to get familiar with the new “intelligent” teller machine at an Industrial and Commercial Bank of China ... ( read original story ...)
China targets trust industry next year in fight against shadow banking – sources
SHANGHAI (Reuters) - China's banking regulator will further tighten the screws on the trust industry next year, two sources with direct knowledge of the matter said, as Beijing steps up a campaign to clampdown on the country's shadow banking sector. ( read original story ...)
Fraudulent website related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is ... ( read original story ...)