Shanghai SIPG technical director Mads Davidsen moved to China ... team will be producing high-quality players and teams for decades to come. Following the new regulations introduced to Chinese football this season - limiting the number of foreign players ... ( read original story ...)
China's regulator inspects inter-bank lending business in Shanghai – sources
SHANGHAI Feb 21 The Shanghai branch of China's banking regulator has launched an inspection of the inter-bank lending business of small- and medium-sized financial institutions in the city, two sources with direct knowledge of the matter said. The aim of ... ( read original story ...)
China's Ant to invest $200 mln in Korea's Kakao Pay amid global push
SHANGHAI (Reuters) - China's Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, extending a major push by the Chinese firm to create a global network of financial assets. ( read original story ...)
Guangdong banking regulator widens core debt for lenders to ease burden – sources
SHANGHAI Feb 21 China's banking regulator is allowing banks in the southern Chinese province of Guangdong to count negotiable certificates of deposit with a tenor of more than 90 days as part of their minimum regulatory capital requirement, three sources ... ( read original story ...)
Panic Over China Is So Last Year, With Market Swings Subsiding
The Shanghai stock market isn’t swinging so wildly any more. The interest of China’s dominant retail investors hasn’t returned since the crash in 2015, and more funds are entering Hong Kong shares through a connect program, propelling the local ... ( read original story ...)
Shanghai stocks climb in Asian market rally
Shanghai gained 1.18 percent after a Chinese media report that a first tranche of investment into China stocks by official pension funds was expected as early as this week. "This is great news for the mainland Chinese market. Investor confidence and ... ( read original story ...)
Alibaba deepens retail foray, teams with Chinese supermarket chain
Alibaba Group Holding Ltd. is teaming up with Shanghai Bailian Group Co., one of China’s largest supermarket and department store chains, as Jack Ma accelerates an effort to employ technology to shake up old-fashioned retail. Alibaba’s planning to help ... ( read original story ...)