Tag: stock market

One of the planned buyers of ANZ Bank's 20 per cent stake in Shanghai Rural Commercial Bank has been replaced by Chinese steel business Baoshan Iron & Steel, nine months after an initial deal was announced. In January this year, ANZ Bank revealed ... ( read original story ...)

Shanghai United Imaging Healthcare, a major China medical imaging device maker, closed a $500 million A financing from large China investors. It is the largest medical device funding in China to date, and values Shanghai United Imaging at $5 billion. ( read original story ...)

Shanghai will proactively serve the needs of and participate in the Belt and Road Initiative. It also will cooperate with cities and markets involved in the initiative in the fields of economics and trade, financial services, infrastructure construction ... ( read original story ...)

17 (Xinhua) -- China Securities Regulatory Commission (CSRC) has approved IPO applications from nine companies. The firms will raise up to 4.4 billion yuan (more than 670 million U.S. dollars), the CSRC said. Three companies will be listed on the Shanghai ... ( read original story ...)

the financial affiliate of Alibaba Group, announced news that its customers can now use facial recognition technology to scan, unlock and pick up packages at select smart courier cabinets in Shanghai. According to China News Network, China recently ... ( read original story ...)

According to the company’s latest IPO prospectus, which was released on the official website of the Shanghai Stock Exchange on September 12, the proceeds of the IPO will mainly be used to build 3,000 more offline retail stores in the next three years. ( read original story ...)

said at an event on Friday in Shanghai that global regulators should work together on digital currencies. Chinese regulators are cracking down on the cryptocurrency sector, in a bid to stamp out potential financial risks as consumers pile into a highly ... ( read original story ...)