The UAE’s largest bank, First Abu Dhabi Bank (FAB) has received a financial license from the China Banking and Insurance Regulatory Commission Shanghai Office to open a branch in Shanghai. The ... ( read original story ...)
China Tourism, SenseTime test appetite for IPOs
China Tourism Group Duty Free Corp has kicked off pre-deal investor education for its Hong Kong IPO, which is expected to raise up to $5bn, according to a source familiar with the matter. The ... ( read original story ...)
Website and Email Alert – Fraudulent website and phishing email related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited relating to a fraudulent website and ... ( read original story ...)
SenseTime approved for potential $2B facial recognition IPO in Hong Kong
Despite continued momentum including impressive accuracy in NIST’s facial recognition tests, the company lost US$579 million in the first half of 2021. ( read original story ...)
Cango Inc. Reports Third Quarter 2021 Unaudited Financial Results
Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudit ... ( read original story ...)
Warburg Pincus Weighs Buying Everbright Bank Wealth Unit Stake
Warburg Pincus is in talks to buy a minority stake in China Everbright Bank Co.’s wealth management unit, according to people familiar with the matter. The Beijing-based bank is holding discussions ... ( read original story ...)
SMM Evening Comments (Nov 22): Shanghai Nonferrous Metals All Closed with Gains amid Loosening Signal from PBOC
Shanghai nonferrous metals all closed with gains as the quarterly report released by the People's Bank of China signalled loosening monetary policy. SHANGHAI, Nov 22 (SMM) – Shanghai nonferrous metals ... ( read original story ...)