Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the ... ( read original story ...)
UPDATE 1-China issues new rules to tighten control over financial holding firms
China has issued new rules to regulate financial holding companies, in its latest move to prevent systematic risks to the nation's vast financial sector. ( read original story ...)
China Stock Market May Tick Higher Again On Monday
(RTTNews) - The China stock market on Friday halted the two-day slide in which it had tumbled more than 80 points or 2.5 percent. The Shanghai Composite Index now sits just above the 3,260-point ... ( read original story ...)
China Issues New Rules to Tighten Control Over Financial Holding Firms
Jack Ma's Ant Financial, now renamed Ant Group, is seeking dual listings in Hong Kong and Shanghai. The regulation will take effect on November 1, 2020, and will give companies a one year grace ... ( read original story ...)
Shanghai stock exchange accepts JD.com fintech affiliate’s IPO application
Shanghai's stock exchange on Friday accepted JD.com Inc's JD.O 9618.HK fintech affiliate's application for a listing on its Nasdaq-stlye STAR Market ... ( read original story ...)
Chinese media, regulators try to chill startup euphoria ahead of Ant IPO
Chinese state media are stepping up warnings about a manic run-up in newly listed shares, seizing on a loss-making cattle breeder whose shares have surged 500% in less than two weeks. ( read original story ...)
Shanghai shares set for biggest weekly drop in eight on Sino-U.S. tensions
Chinese shares edged lower on Friday, with the benchmark Shanghai Composite Index on track for its biggest weekly loss in eight on concerns over simmering Sino-U.S. tensions. ** At the midday break, ... ( read original story ...)