Shanghai-based foreign banks report record low bad loan rate

SHANGHAI, Feb. 25 (Xinhua) -- Foreign-funded banks based in Shanghai last year recorded the lowest bad loan rate in five years, according to the local banking regulator. By the end of last year, the bad loan rate of these banks was 0.34 percent ... ( read original story ...)

Dubai financial services growth second only to Shanghai

Research by Knight Frank demonstrates that the domestic financial and business services sector in Dubai grew 55.6% in the last decade with only Shanghai (114.3%) outperforming the city. Over this time period Dubai has also seen itself become a recognised ... ( read original story ...)

China seizes control of Anbang Insurance as chairman prosecuted

Beijing has strengthened curbs over capital outflows after China’s leadership vowed to curb risk in its financial system. Reporting by Matthew Miller and Judy Hua in BEIJING, Engen Tham and John Ruwitch in SHANGHAI, and Jennifer Hughes, Sumeet Chatterjee ... ( read original story ...)

Anbang seizure shows China’s resolve for financial stability

BEIJING/SHANGHAI -- China's de-facto takeover of Anbang Insurance Group shows the government will take any steps necessary to stave off shocks to the financial system, suggesting even tougher times await financial conglomerates with massive overseas ... ( read original story ...)

Upper riverside 3 br apt lujiazui line4@tangqiao

Under the financial strategy of the great powers, Lujiazui, Shanghai, is undoubtedly the most striking financial spectacle at the turn of the century. A short period of twenty years, from a backwater rapid rise, construction of Shanghai international ... ( read original story ...)

China securities regulator proposes to delay IPO reform

China announced plans in 2015 to shift to a U.S.-style registration system for stock market flotations on the Shanghai and Shenzhen exchanges. The State Council is awaiting approval from the National People’s Congress, or parliament, on the IPO reform ... ( read original story ...)