Tan will be based in Shanghai and responsible for all banking relationships with state-owned enterprises and large corporations. ( read original story ...)
Shanghai delivery worker’s ‘yuan millionaire’ claim sparks heated debate amid China’s bleak jobs outlook
Claims by a food delivery worker in Shanghai that he made more than 1 million yuan (US$140,343) in three years, a story widely reported by state media and debated on social media, has offered hope to ... ( read original story ...)
BlackRock to sell Shanghai office towers acquired for US$167 million in 2018 for 30 per cent discount, sources say
BlackRock is seeking to sell an office complex in Shanghai at about a 30 per cent discount to its purchase price, people with knowledge of the matter said, reflecting the sluggish commercial property ... ( read original story ...)
Shanghai Electric Power extends deadline to acquire K-Electric by 90 days
Shanghai Electric Power Company Limited (SEP) has extended its deadline to acquire 18.3 million ordinary shares i.e. 66.40% of the total issued and paid-up capital of K-Electric Limited (KEL) by 90 ... ( read original story ...)
Exclusive-China Moves to Support Yuan as Stock Markets Tumble – Sources
SHANGHAI/BEIJING (Reuters) - China's major state-owned banks moved to tighten yuan liquidity in the offshore foreign exchange market on Monday, actively selling U.S. dollars onshore, four sources with ... ( read original story ...)
Stock market today: Asian shares follow Wall Street gains, Hong Kong stocks near 15-month low
Shares rose in most Asian markets Monday after Wall Street returned to record heights Friday, while Hong Kong’s benchmark dropped more than 2%, hovering near a 15-month low ... ( read original story ...)
Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets
Hong Kong stocks slumped towards a 15-month low to pile on losses from a three-week rout, after China kept lending rates tied to mortgages unchanged, disappointing investors betting on measures to ... ( read original story ...)