Tan will be based in Shanghai and responsible for all banking relationships with state-owned enterprises and large corporations. ( read original story ...)
Shanghai Electric Power extends deadline to acquire K-Electric by 90 days
Shanghai Electric Power Company Limited (SEP) has extended its deadline to acquire 18.3 million ordinary shares i.e. 66.40% of the total issued and paid-up capital of K-Electric Limited (KEL) by 90 ... ( read original story ...)
Exclusive-China Moves to Support Yuan as Stock Markets Tumble – Sources
SHANGHAI/BEIJING (Reuters) - China's major state-owned banks moved to tighten yuan liquidity in the offshore foreign exchange market on Monday, actively selling U.S. dollars onshore, four sources with ... ( read original story ...)
Stock market today: Asian shares follow Wall Street gains, Hong Kong stocks near 15-month low
Shares rose in most Asian markets Monday after Wall Street returned to record heights Friday, while Hong Kong’s benchmark dropped more than 2%, hovering near a 15-month low ... ( read original story ...)
Tencent, AIA pace Hong Kong stock slump, Hang Seng falls below 15,000 as China banks hold rates in snub to easing bets
Hong Kong stocks slumped towards a 15-month low to pile on losses from a three-week rout, after China kept lending rates tied to mortgages unchanged, disappointing investors betting on measures to ... ( read original story ...)
China’s Shanghai reports foreign trade growth in 2023
Shanghai imports and exports climbed to 421 trillion yuan about 59157 billion US dollars in 2023 up 07 percent year on year according to Shan ... ( read original story ...)
Alibaba Stock Falls Below IPO Price as U.S.-Listed Chinese Shares Retreat
U.S.-listed Chinese shares continued their rough week Friday, with Alibaba on course to close below its $68 public listing price for the first time since late 2022. The Nasdaq Golden Dragon China ... ( read original story ...)