SHANGHAI (Reuters) - China will continue to ... system to monitor and evaluate financial risks, a senior central bank official said on Saturday. People's Bank of China Vice Governor Chen Yulu ... ( read original story ...)
UAE, Uruguay, Bangladesh admitted as new members in BRICS Bank
The New Development Bank (NDB) on September 2, 2021 admitted United Arab Emirates, Uruguay and Bangladesh as its new members. The bank has been set up by all the nations that are part of the BRICS ... ( read original story ...)
Zhang Xiaoquan’s IPO to debut on Shenzhen Stock Exchange
Zhang Xiaoquan (301055) to start trading on the Shenzhen ChiNext Market Sep 6, next Monday. The firm has issued 39.00 mln shares priced at RMB 6.9 per share raising RMB 269.1 mln. Its ... ( read original story ...)
STAR Market Daily: STAR 50 rises 0.1%, RMB 54.3 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,400.89 on Friday. The STAR Market recorded a total trading volume of 1.1 bln shares with a turnover value of RMB 54.3 bln, up 2.3% from yesterday. ( read original story ...)
China Minsheng Unit Soars as Shanghai’s Daxing Street Redevelopment Gets Back on Track
Shares in the property developer arm of China Minsheng Investment Group surged today after a banking consortium agreed to stump up funds to restart the revamping of Daxing Street, a densely-packed old ... ( read original story ...)
China’s SMIC to invest $8.87 billion for new chip plant in Shanghai
China's Semiconductor Manufacturing International Corp will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shortage as Beijing pushes ... ( read original story ...)
LIC’s IPO: Get Cash, Get Adventurous, Get A Huge Foreign Policy Triumph
The government could be betraying a terrible lack of confidence, and thereby missing a trick with the LIC IPO, writes Raghav Bahl. ( read original story ...)