Finance


Small firm loans: banks draw flak

Several Chinese banking, insurance and credit institutions have been criticized for charging excessive fees on loans to small and micro businesses, in violation of regulations aimed at lowering financing...

November 23, 2020, Monday


‘Counter-cyclical’ factor for yuan stopped

SOME Chinese banks have phased out the use of the “counter-cyclical” factor in the pricing mechanism of the yuan’s central parity rate against the greenback, according to an online statement of the country’s ...

October 29, 2020, Thursday


Ant’s biggest IPO to raise US$34b in dual listing

ANT Group Co Ltd yesterday set terms for its dual-listing where the Chinese financial technology giant aims to raise up to US$34.4 billion in the world’s largest market debut, as investors scramble for ...

October 27, 2020, Tuesday


Watchdogs mull banking reforms

China’s financial watchdogs are mulling new rules to regulate the country’s biggest banks to forestall the “too big to fail” issue that threatens financial stability....

October 27, 2020, Tuesday


Analysts hail Shenzhen digital yuan trial

CHINA’S experimental US$1.5-million giveaway of digital yuan to Shenzhen residents ended on Sunday with acclaim from currency analysts. Under the weeklong program, the People’s Bank of China gave 200 ...

October 20, 2020, Tuesday


Ant gets OK for HK leg of US$35b listing

Ant Group Co has received approval from China’s securities regulator for the Hong Kong leg of its roughly US$35 billion dual listing, two people with knowledge of the matter said yesterday....

October 20, 2020, Tuesday


Lufax files for US$3b listing on NYSE

Lufax Holding, one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the United States, the latest company looking to take advantage of a rebound in capital...

October 9, 2020, Friday


Everbright unit chief under probe

China’s anti-corruption body said yesterday that Zhu Huimin, chairman of the China Everbright Industry Group, is under investigation for suspected disciplinary violation....

September 24, 2020, Thursday


Ant moves closer to dual listing

China’s Ant Group submitted documents to the securities regulator for registration of the Shanghai portion of its IPO, the city’s bourse said late on Tuesday, moving a step closer to a planned dual-listing...

September 24, 2020, Thursday


Tech firms soar on ChiNext after historic reform

SHARES of 18 companies surged on their ChiNext debut yesterday, kicking off a historic reform. Investors piled into the first batch of firms listed on Shenzhen’s tech-focused startup board under a streamlined ...

August 25, 2020, Tuesday




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号