The Monetary Authority of Singapore (MAS) and Shanghai Municipal Financial Regulatory Bureau (SFRB) continue to strengthen financial ties including in the hot Fintech sector. Jacqueline Loh, Deputy Ma... ( read original story ...)
What’s next in AI for financial planners? Boosting customer value
If you used your credit card to buy a coffee in Montreal, and a minute later to buy three dishwashers in Shanghai, that transaction would ... on the ethics of AI and fintech at the Advocis Financial S... ( read original story ...)
Chinese medical tech platform WuXi AppTec launches $1 billion HK listing
Shanghai-based WuXi describes itself as the ... WuXi intends to use the IPO proceeds to expand its capacity across all business units globally, invest in seven China projects such as a Chengdu ... ( read original story ...)
Shanghai-listed WuXi AppTec to raise up to $1bn in Hong Kong IPO – Sources
HONG KONG (Nikkei Markets) -- Shanghai-listed drug research and development services company WuXi AppTec plans to raise up to HK$8.33 billion ($1.06 billion) from a listing in Hong Kong, two ... ( read original story ...)
Chinese bank buys majority stake in AMK
The Shanghai Commercial & Savings Bank (SCSB) has bought a majority stake in local microfinance institution AMK. AMK Microfinance, one of Cambodia’s largest MFIs, says the move will aid its expansion ... ( read original story ...)
China c.bank may have revived repos to drain liquidity in Oct – CSJ
SHANGHAI, Nov 26 (Reuters) - China's central bank may have drained short-term funds from the banking system in late October by quietly reviving a tool to mop up excess liquidity, a state-run newspaper ... ( read original story ...)
China grants market access to two more foreign financial institutions: regulator
SHANGHAI (Reuters) - China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, br... ( read original story ...)