Tag: stock market

SHANGHAI/TOKYO -- As China allows foreign capital wider access to the mainland market, Japanese financial groups are moving quickly to enlarge their foothold in the world's second-largest economy. Sumitomo Mitsui Banking Corp., through its Hong Kong branch ... ( read original story ...)

Rob Carnell, an economist at investment bank ING, said Monday that Yi's appointment was "a vote for continuity." That could inject some confidence into China's stock market, added Jingyi Pan, a market strategist at trading firm IG Group. China's Shanghai ... ( read original story ...)

SHANGHAI/BEIJING (Reuters) - Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct ... ( read original story ...)

SHANGHAI (Reuters) - China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter. The WSJ said the ... ( read original story ...)

HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings today affirmed its 'BBB' long-term and 'A-2' short-term issuer credit rating on Shanghai Pudong Development Bank Co. Ltd. (SPDB). Our outlook on the long-term rating is stable. We also ... ( read original story ...)

HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings raised its long-term issuer credit rating on Shanghai Rural Commercial Bank Co. Ltd. (SRCB) to 'BBB' from 'BBB-'. The outlook is stable. We also raised our short-term issuer credit rating on ... ( read original story ...)

Hong Kong (HKSAR) - The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on ... ( read original story ...)