Tag: stock market

Shanghai-based outbound conglomerate Fosun International Ltd ... Although the exact investment amount and stock proportion have not been disclosed, global law firm DLA Piper estimated in a note that the total acquisition will be around 120 million euros ... ( read original story ...)

SHANGHAI—A Chinese government takeover of Anbang Insurance Group Co. throws a lifeline to its policyholders—support denied frustrated clients of some lesser-known financial firms when those companies hit turbulence before ultimately collapsing. ( read original story ...)

SHANGHAI, Feb. 25 (Xinhua) -- Foreign-funded banks based in Shanghai last year recorded the lowest bad loan rate in five years, according to the local banking regulator. By the end of last year, the bad loan rate of these banks was 0.34 percent ... ( read original story ...)

Research by Knight Frank demonstrates that the domestic financial and business services sector in Dubai grew 55.6% in the last decade with only Shanghai (114.3%) outperforming the city. Over this time period Dubai has also seen itself become a recognised ... ( read original story ...)

Beijing has strengthened curbs over capital outflows after China’s leadership vowed to curb risk in its financial system. Reporting by Matthew Miller and Judy Hua in BEIJING, Engen Tham and John Ruwitch in SHANGHAI, and Jennifer Hughes, Sumeet Chatterjee ... ( read original story ...)

BEIJING/SHANGHAI -- China's de-facto takeover of Anbang Insurance Group shows the government will take any steps necessary to stave off shocks to the financial system, suggesting even tougher times await financial conglomerates with massive overseas ... ( read original story ...)

Andy Xie is a Shanghai-based independent economist specialising in China and Asia, and writes, speaks and consults on global economics and financial markets. According to Xie, the key for all developing economies in East Asia is to trade among themselves ... ( read original story ...)