Shanghai to further open up finance sector

The scope of Shanghai-based foreign-funded insurance companies will be expanded. The financial market will open wider. For example, the city will support overseas investors to invest in its securities market and overseas innovative enterprises will be ... ( read original story ...)

China’s Stock Market Is About to Burst Onto the Global Stage

Still, foreign managers have gotten a chance to dip their toes into China’s $7.6 trillion market through stock links. Favored picks in Shanghai so far include brokerages and airport operators, according to data from Hong Kong Exchanges & Clearing Ltd ... ( read original story ...)

Shanghai banking sector assets hit 14.8 trln yuan

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing on March 30, 2016. [Photo/Agencies] SHANGHAI - Total assets in Shanghai's banking sector saw steady growth in the first quarter of 2018, according to ... ( read original story ...)

This Bank In China Is Managed And Operated By Robots

China has established a bank in Shanghai where everything is run entirely by robots. The robots greet customers and manage their accounts as well. The bank is named as China Construction Bank (CCB). It is equipped with many smart automated tellers which ... ( read original story ...)

WuXi AppTec raises $902.62 million in Shanghai IPO

China's leading global contract research outsource provider WuXi AppTec, successfully listed on the main board of the Shanghai Stock Exchange on Tuesday, marking the nation's first unicorn enterprise to get initial public offering approval on the A-share ... ( read original story ...)