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Shanghai Daily,上海日报
Latest news:


The IPO of Bank of Jiangsu sets to lead others

Bank of Jiangsu, the first Chinese commercial bank to debut in the mainland market in 2009, plans to raise about 7.24 billion yuan (US$1.1 billion) through its initial public offerings on A share market ...

June 28, 2016, Tuesday

ECB keeps interest rates at record low

THE European Central Bank kept interest rates on hold at historic lows yesterday and its president said the ECB was committed to pursuing substantial asset purchases aimed at spurring growth and inflation. But ...

October 21, 2016, Friday

Private firms lead overseas M&As

Privately owned companies drove the Chinese mainland’s overseas mergers and acquisitions in the first three quarters of this year, surpassing state-owned enterprises for the first time by deal value and...

October 21, 2016, Friday

Shares end flat amid cautious investors

SHANGHAI stocks closed flat yesterday as investors turned cautious amid an economic weakness, a sustained yuan devaluation and potential risk of corporate credit default. The Shanghai Composite Index ...

October 21, 2016, Friday

39 more institutions allowed to issue CDs

China yesterday allowed 39 financial institutions, including three foreign banks, to issue large-denomination certificates of deposit (CDs) to individuals and companies....

October 21, 2016, Friday

China cuts US debt holding

China, the top buyer of US Treasury securities, cut its holding in August for three months running, the latest data from the US Treasury Department showed....

October 20, 2016, Thursday

Chinese firms to lift R&D spending

Official investment figures may be feeble, but exporters at China’s largest trade fair say they are ploughing more money into robotics, industrial automation and new product development to offset rising...

October 20, 2016, Thursday

Shares flat as data fail to cheer investors

SHANGHAI stocks ended flat yesterday as data pointing to signs of stabilization in China’s economy failed to cheer investors. The Shanghai Composite Index edged up 0.03 percent to 3,084.72 points. China’s ...

October 20, 2016, Thursday

September’s fiscal revenue grows 4.9%

CHINA’S fiscal revenue rose 4.9 percent year on year to 1.12 trillion yuan (US$166 billion) in September, data from the Ministry of Finance showed yesterday. Revenue growth improved from the 1.7 percent ...

October 20, 2016, Thursday

NDRC approves 23 FAI projects

CHINA’S top economic planner approved 23 fixed-asset investment projects worth a total of 319.7 billion yuan (US$47.5 billion) in September. The projects covered transport, high tech, energy and water ...

October 20, 2016, Thursday


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