HONG KONG/SHANGHAI, March 20 (Reuters ... analysts said. At Agricultural Bank of China, margins likely fell to 2.27 percent in 2016, the lowest since at least 2008 and down from 2.66 percent a year ago, Thomson Reuters data shows. Among China's top ... ( read original story ...)
Banking constraints cutting off funding for premium apartment developments
Shanghai Shenshun Investment Co of Shanghai owns 40 per cent of Shundi shares. Projects that rely on local bank financing like the Avalon Flo apartments and St James apartments have been scrapped or halted due to a tightening of bank financing and rising ... ( read original story ...)
Industry Super releases the hounds on 'foxy' banks in new ad
"The concern for us is that what this will lead to is an increase in mis-selling super products and banks seeking to bundle up their super products with an employer's business banking requirements." When asked if he was worried that the change of approach ... ( read original story ...)
PTT Public Company Limited Offer to Purchase for Cash Any and All of the Outstanding Securities Referred to in the Table Below
Includes the Dutch Auction Early Tender Payment. The Hongkong and Shanghai Banking Corporation Limited and J.P. Morgan Securities plc are acting as the Dealer Managers for the Any and All Offer. Global Bondholder Services Corporation is the Depositary and ... ( read original story ...)
Shanghai Composite Index Up on Late Day Energy Stock Surge
As tight liquidity usually has a negative impact on the stock market, we want to keep an eye on the PBOC’s subsequent actions.” Hongkong and Shanghai Hotels reported a 32.5 percent drop in earnings for 2016 on Monday, worse than expected, thanks to ... ( read original story ...)
Fanli mulls China IPO, aims for 100 billion yuan of online trading
Fanli.com, a Shanghai-based directory for online shopping funded by Walt Disney's Steamboat Ventures, said it is considering an initial public offering on China's A-shares market. "The accelerated IPO pace in China heightened our hopes for a share sale at ... ( read original story ...)
BRIEF-Jiangsu Lopal Tech issues prospectus for Shanghai IPO
OSLO, March 14 Sweden's utility Vattenfall will use batteries supplied by BMW Group to build electricity storage at several wind power parks to provide backup when winds calm down, the company said on Tuesday. ( read original story ...)