The China stock market has moved lower in back-to-back trading days, sinking more than 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just above the 3,500-point plateau ... ( read original story ...)
Fitch Upgrades China Merchants Bank’s IDR to ‘A-‘; Outlook Stable
Fitch Ratings has upgraded China Merchants Banks Co., Ltd.'s (CMB) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'A-' from 'BBB+'. The Outlook is Stable. The Support Rating (SR) has been ... ( read original story ...)
Fitch Rates USD Notes Under Bank of China’s Amipeace Limited Final ‘A’
Fitch Ratings has assigned a final rating of 'A' to the senior unsecured notes issued under Amipeace Limited's HKD20 billion medium-term note (MTN) programme. Amipeace Limited is a special purpose ... ( read original story ...)
Shanghai upgrades services for a successful CIIE
Shanghai is going all out to hold another successful China International Import Expo (CIIE), from ensuring solid efforts in pandemic prevention and control, and constantly refining its service ... ( read original story ...)
World’s financial institutions must weigh risk of expanding in China
Financial institutions from across the globe are competing to expand in mainland China, eager to tap a massive economy that they regard as essential to their growth. Their zeal contrasts sharply with ... ( read original story ...)
Beijing Dataway Horizon’s IPO to debut on Shenzhen Stock Exchange
Beijing Dataway Horizon (301169) to start trading on the Shenzhen ChiNext Market Nov 3, tomorrow. The firm has issued 18.06 mln shares priced at RMB 19.39 per share raising RMB 350.18 mln. Its ... ( read original story ...)
China stock pickers reshape portfolios on Xi’s ‘common prosperity’
Chinese stock market investors are swapping big tech names for "small giants" and luxury brands for mass market companies, aiming to cash in on President Xi Jinping's "common prosperity" plan for the ... ( read original story ...)