Tag: stock market

Lu is a Citi veteran with 25 years of banking experience, having worked in Hong Kong and mainland China. He joined Citi in 2002 in Shanghai and has held several senior leadership positions across ... ( read original story ...)

China is embarking on its biggest consolidation in the banking industry by merging hundreds of rural lenders into regional behemoths amid growing signs of financial stress.Most Read from BloombergMusk ... ( read original story ...)

Suzhou, Shanghai and Guangzhou are the latest cities to ease home ... developers and design mortgage policies to offer more help for households. The central bank also said it would inject 1 trillion ... ( read original story ...)

Lu will also be responsible for maintaining Citi's client relationships and regulatory commitments in the nation, according to a statement from the bank on Wednesday. Lu joined Citi in 2002 in ... ( read original story ...)

Hong Kong‘s Hang Seng index fell 2.3% while the Shanghai Composite shed 1.8%. Property stocks were among the biggest fallers. Hang Lung Properties (OTC:HLPPY) was the worst-performing stock ... one area of the Chinese market which has flourished in ... ( read original story ...)

Sushi Ginza Onodera, a Tokyo-based chain of 12 upscale sushi restaurants, has filed for an $8 million initial public offering in the U.S. ( read original story ...)

Asian shares are mixed, with Hong Kong and Shanghai declining, ahead of a decision by the Federal ... “While measures akin to a band-aid on a broken leg may temporarily boost stock prices, they do ... ( read original story ...)