Shanghai is quietly shutting down schools and a raft of other venues as officials try to rein in a flareup that’s hit the financial hub just days before one of China’s most important political events. ( read original story ...)
After trillion-dollar rout, China stock investors clamour for market intervention as social media posts show frustration at widening losses
Traders returned from the golden week holiday only to take another beating as markets struggle for footing After almost two years of relentless sell-off, many China-focused funds are on the brink of ... ( read original story ...)
Shanghai’s 25 million residents may face severe curbs amid Covid rise: 8 points
Shanghai could enter a struct lockdown as earlier with 25 million people restricted in homes. 4. Some other facilities have also been shut and performances have been cancelled in Shanghai to follow ... ( read original story ...)
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)
China Central Bank Says Will ‘Resolutely’ Curb Big Currency Swings
BEIJING/SHANGHAI (Reuters) - China's central bank spoke out against big currency swings on Tuesday, saying it will take steps to stabilise expectations, and keep the yuan basically stable. ( read original story ...)
Shanghai shines as intl financial center in past decade, eyes greater roles in China’s new devt phase
From attracting global financial institutions to surging financial transaction volumes and the expansion of the nation's financial infrastructure, Shanghai has proved itself as a global financial ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
The bank has already launched private bank services in Beijing, Shanghai, Guangzhou and Shenzhen. "As a new class of HNW and ultra HNW individuals emerges from the vigorous development of Hangzhou's ... ( read original story ...)