The Chinese stock market has evolved well beyond a much more narrow group ... However, with holdings in cheap financial sector plays like China Merchants Bank (Shanghai Stock Exchange: 36-SZ), China Construction Bank (Shanghai Stock Exchange: 1939-SZ ... ( read original story ...)
SSE Market Value Top 100 Index (000155) Soars 0.49% on Oct 18
Behind this success is the nation’s leading stock exchange, the Shanghai Stock Exchange (SSE). With over 1,000 companies listed on it and a market capitalization of $3.50 trillion as of February, the SSE is the second largest stock exchange in Asia and ... ( read original story ...)
Jim Rogers funded new fintech bank ITF to set up headquarters in Hong Kong
It has also established correspondent banking relationships with Bank of Communications Shanghai and Bank of Communications Hong Kong. ITF aims to launch the beta version of its product in the third quarter of 2018. The Monetary Authority last month ... ( read original story ...)
China central bank chief surprises with gravity-defying 7 percent second-half growth forecast
SHANGHAI/BEIJING (Reuters) - China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically explicit ... ( read original story ...)
Shanghai Pharma bids for U.S. Cardinal Health’s China business
HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co has bid for Cardinal Health Inc’s China business as the U.S. company looks to sell ahead of China’s planned drug distribution reform. Shanghai Pharma submitted two non-binding bids to buy ... ( read original story ...)
Shanghai WingsMedia Strikes $250M Animation Co-Production Deal With Shellhut, Tiny Island
namely Shanghai Media Group’s reality TV series Starship MZ: 2049 and Tiny Island’s animated series Dream Defenders. That first film is targeted for release in 2020. The partnership plans to subsequently unveil a new film based on new IP every year. ( read original story ...)
Shanghai Pharma says bid for U.S. Cardinal Health’s China business
HONG KONG (Reuters) - Shanghai Pharmaceuticals Holding Co said it has bid for Cardinal Health Inc’s China business, as the U.S. drug distributor looks to exit over worries China’s upcoming drug distribution reform could slow its growth. Shanghai Pharma ... ( read original story ...)