Shanghai Composite Index closed at 3,071.99, up 1.84%, Shenzhen Component Index finished at 11,121.72, up 2.81%, the Hang Seng Index closed at 16,587.69, up 1.21%. The trading volume for three ... ( read original story ...)
Russians lose access to some banking services in Hong Kong due to Western sanctions over Ukraine
HSBC sends out letter, seen by Post, saying lender unable to provide investment services to Russian nationals who are not European Union residents While HKMA notes local banks can ignore unilateral ... ( read original story ...)
Shanghai’s Financial Turnover Surges Nearly Five Times to USD350.1 Trillion in Decade
Shanghai's financial market turnover jumped almost five times to CNY2,511 trillion (USD350.1 trillion) last year from a decade earlier as the eastern city is becoming an increasingly important ... ( read original story ...)
Contamination report sparks Shanghai rush for bottled water
Shanghai took emergency measures to secure its water supply because contamination from the sea forced authorities to cut delivery from two key reservoirs temporarily, the Beijing-based Caixin Global ... ( read original story ...)
Glum Hong Kong dealmakers pin hopes on China Congress to revive economy, IPOs
Hong Kong dealmakers expect China's 20th Party Congress next week to herald a shift in focus in Beijing back towards business and economic issues that could help revive the city's IPO issuance from ... ( read original story ...)
HSBC expands its private banking reach into western China
HSBC’s head of global private banking China, Jackie Mau, set out ambitious plans for the mainland. He’s proving as good as his word: the UK lender has opened two new, full-service wealth management ... ( read original story ...)
ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Preliminary Revenue Range and Backlog Data for Third Quarter 2022
ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced that its operating subsidiary ACM Research (Shanghai), ... ( read original story ...)