China Stock Market May Open Under Pressure

The China stock market turned lower again on Wednesday, one session after it had halted the three-day slide in which it had fallen almost 65 points or 2.1 percent. The Shanghai Composite Index now rests just beneath the 3,050-point plateau and it may open ... ( read original story ...)

Chinese bank invests in Russia’s Northern Sea Route

(Sergey Guneyev/AFP/Getty Images) Building of Russian Arctic infrastructure is part of a $9.5 billion credit agreement signed with the China Development Bank. On the sidelines of the recent Shanghai Cooperation Organisation’s summit in Qingdao ... ( read original story ...)

Theme and topics of Shanghai’s 2018 Lujiazui Forum

The Information Office of Shanghai Municipality held a media briefing on June 7, where deputy director of the Shanghai Financial Service Office Xie Dong introduced basic information about the Lujiazui Forum 2018, to be held on June 14-15. Lujiazui Forum ... ( read original story ...)

Tencent shares expertise with Shanghai lender

Tencent Holdings (0700) and Shanghai Pudong Development Bank has signed a strategic partnership pact, to cooperate on big data, cloud, artificial intelligence, and blockchain. According to a statement, Tencent will support SPD Bank’s strategy transition. ( read original story ...)