Quinn said HSBC would continue to strengthen its business in the Shanghai and would further provide financial support for industry upgrades, according to the post. HSBC did not respond immediately to ... ( read original story ...)
Deutsche Bank, UBS hit as bank fears spark stress signals
SHANGHAI (Reuters) -Chinese food delivery giant Meituan posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition... LONDON (Reuters) -Deutsche Bank shares ... ( read original story ...)
Markets Today: Stock Indexes Slump on Banking Sector Woes
The Euro Stoxx 50 today is down -2.36%. China’s Shanghai Composite stock index closed down -0.64% and Japan’s Nikkei Stock Index closed down -0.13%. The Euro Stoxx 50 index today is sharply lower. ( read original story ...)
PBOC Shanghai Headquarters: RMB Loans in the Yangtze River Delta Region Increased by 603.9 Billion in Feb
According to data released on the Shanghai headquarters website of the central bank, in February 2023, RMB loans in the Yangtze River Delta region increased by 603.9 billion yuan, while foreign ... ( read original story ...)
Shanghai targets 5% growth in property investment in 2023
BEIJING : China's financial hub Shanghai has a goal of 5 per cent growth in property investment in 2023, the city's house management bureau said on Friday, after investment in the city's property ... ( read original story ...)
Asian stocks subdued amid banking woes, economic fears
Investing.com-- Most Asian stock markets fell on Friday as comments from U.S. regulators failed to entirely quell fears of a banking crisis, while concerns over slowing economic growth also dented ... ( read original story ...)
UPDATE 1-China banking regulator discussed economy with HSBC CEO
BEIJING, March 24 (Reuters) - Guo Shuqing, chairman of China’s banking and insurance regulator ... Quinn have also met with Shanghai Mayor Gong Zheng on Thursday, according to a post published on the ... ( read original story ...)