China’s Shanghai and Shenzhen stock exchanges made a joint bid worth USD122m, in addition to technical support worth a further USD37m. Considered the world’s fourth-largest in terms of market capitalisation, the Shanghai Stock Exchange has about 1,400 ... ( read original story ...)
Fullerton’s Shanghai unit launches first private fund in China
SINGAPORE - Temasek Holdings' Fullerton Fund Management announced on Wednesday (Feb 21) that its unit, Fullerton Investment Management (Shanghai), has launched its first private fund in China, to invest mainly in China A stocks. The product - Fullerton ... ( read original story ...)
Ashton Whiteley: UK Less Optimistic about Finances
Economists at Shanghai, China based investment house, Ashton Whiteley say that according to data released by IHS Markit, their monthly determination of financial well-being dropped to a seven-month low of 42.2 from 42.9 last month. The IHS Markit survey to ... ( read original story ...)
Bangladesh stock exchange approves China’s bid; rejects India’s offer
Shanghai and Shenzhen stock exchanges are among the top bourses in the world boasting $3.5 trillion and $2.2 trillion market capital, respectively. The market capital of the DSE is over $51.42 billion. Another consortium of India's National Stock Exchange ... ( read original story ...)
History in detail
HSBC is named after its founding member, The Hongkong and Shanghai Banking Corporation Limited, which was established in 1865 to finance the growing trade between Europe, India and China. The inspiration behind the founding of the bank was Thomas ... ( read original story ...)
HSBC : The Hongkong and Shanghai Banking Corporation Limited 2017 consolidated results –
Profit before tax up 13% to HK$115,619m (HK$102,707m in 2016) Attributable profit up 13% to HK$88,530m (HK$78,646m in 2016) Return on average ordinary shareholders' equity of 13.7% (13.0% in 2016) Total assets up 5% to HK$7,943bn (HK$7,549bn at 31 December ... ( read original story ...)
China and India take battle for influence to Dhaka stock market
The Dhaka Stock Exchange plans to sell 25% of its shares. On one side is a consortium of the Shenzhen and Shanghai stock exchanges. Ranged against them is a consortium made up of India's National Stock Exchange, Nasdaq of the U.S. and others. The exchange ... ( read original story ...)