China's central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to ... ( read original story ...)
Shanghai reports no new Covid cases for first time since March
The economic hub of Shanghai was forced into a months-long lockdown during a Covid surge this spring driven by the fast-spreading Omicron variant. Beijing also shuttered schools a ... ( read original story ...)
Shanghai to Issue Collateral-Free, Low Interest Loans to Help Small Businesses
Several departments of the Shanghai government are lending their support to local banks to provide guarantee-free, low-interest loans to micro, small and medium-sized companies in the city that have ... ( read original story ...)
Deloitte: Shanghai bourse tops in IPO value globally in H1
Up to 68 companies will have debuted on the Shanghai Stock Exchange from the beginning of the year to the end of June, with total financing coming to 208.7 billion yuan ($31.1 billion). The Shanghai ... ( read original story ...)
China central bank raises cash injection to keep liquidity stable at end of half year
SHANGHAI : China's central bank on Friday increased the injection of liquidity into the banking system through open market operations, as demand for cash for the end of the first half of the year ... ( read original story ...)
Shanghai Banks Set Up Special Credit Lines to Unblock Supply Chains
Banks in Shanghai are launching special credit tools to support industrial companies recover after the city's two-month lockdown. Lenders are setting up special credit lines as well as innovating new ... ( read original story ...)
Foreign financial firms to expand campus recruitment in China
Foreign-funded financial enterprises are planning to hire more fresh graduates and interns for this year and the next year to support their business expansion plans in spite of th ... ( read original story ...)