The fast-fashion giant aimed to bridge the divide between Beijing and Washington, but hopes for a splashy U.S. public offering have faded. ( read original story ...)
BRICS New Development Bank signs first non-sovereign loan in China
SHANGHAI, May 28 (Xinhua) -- The BRICS New Development Bank (NDB) has signed a loan agreement to support sustainable infrastructure development in east China's Zhejiang Province, marking the latest ... ( read original story ...)
China cashes in banking chips for tech drive
China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's third and largest semiconductor ... ( read original story ...)
China Market Update: “Big Fund 3” Launches As Shanghai Relaxes Home Purchase Policies
Mainland financial media noted Friday’s post-close State Council ... Meanwhile, WuXi Biologics, Tencent, and ICBC were small net sells. Shanghai, Shenzhen, and the STAR Board gained +1.14%, +0.75%, ... ( read original story ...)
Shanghai Takes Yet More Steps to Revive Housing Market
To jumpstart recovery, China’s largest city is moving to slash mortgage rates and housing purchase restrictions. ( read original story ...)
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity
Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)
Stock market today: Asian shares are mixed after US holiday quiet
TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher. ( read original story ...)