The insurer said it bought 130.8 million A shares of Minsheng Bank in the secondary market in Shanghai last week, representing 0.36 per cent of the lender’s total issued ordinary shares. The purchase price was not revealed. The trades increased Huaxia ... ( read original story ...)
Military Drills Help China’s Best Bank Toughen Up Its Staff
who stepped down as a Bank of Taizhou vice president in 2014 after almost a decade with the bank and now serves as a Shanghai-based adviser to the company. “What we added was a systematic approach to measure repayment capacity.” Big banks are ... ( read original story ...)
1BR lane house Xintiandi short&long rent with wifi
HomeofShanghai is the most experienced and effective Shanghai real estate agency and relocation company aimed at finding your dream home. To rent apartments in shanghai for expats is easy because of us. Check our current real estate listings ... ( read original story ...)
ICBC launches robo-adviser service for wealth-management products
ICBC is the nation’s largest bank by assets, but small- and mid-sized mainland banks including China Merchants Bank, Shanghai Pudong Development Bank, Industrial Bank and Ping An Bank, have already tested the waters in using such robos in a bid to woo ... ( read original story ...)
Manulife launches wholly-owned investment business in Shanghai
Canadian asset manager Manulife Asset Management on Wednesday launched a wholly-owned investment business in Shanghai and welcomed Beijing's steps to raise limits on foreign ownership in the finance sector. Last Friday, China said it planned to increase ... ( read original story ...)
Shanghai Pharma buys US Cardinal Health’s China business for $557 million
Deal gives the China business $1.2 billion enterprise value Shanghai Pharma keen to expand network nationwide Cardinal Health put business up for sale due to rule changes U.S. private-equity firm Warburg Pincus among bidders-sources Shanghai ... ( read original story ...)
China’s Stock Market Is Flashing Some Major Warning Signals
"The risk appetite is dropping," said Dai Ming, a fund manager at Hengsheng Asset Management in Shanghai. "Tight liquidity and ugly ... will remain in place has taken its toll on the debt market, sending the yield on the nation's 10-year treasuries above ... ( read original story ...)