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Shanghai Daily,上海日报
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Finance


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


BAT to buy Reynolds for US$49.4b

Signage is pictured on the front of the headquarters of British American Tobacco in central London yesterday. BAT has agreed a US$49.4 billion takeover of US rival Reynolds, creating the world’s biggest listed tobacco company after it raised an earlier offer by over US$2 billion. The deal, which values the whole of Reynolds at around US$86 billion, will mark the return of BAT to the lucrative and highly regulated US market after a 12-year absence, making it the only tobacco giant with a leading presence in American and global markets. ...

January 18, 2017, Wednesday


Industry plan lifts shares

SHANGHAI stocks edged up yesterday after a five-day losing streak, as energy companies rose on an industry plan. The Shanghai Composite Index closed 0.17 percent higher at 3,108.77 points yesterday. Investors ...

January 18, 2017, Wednesday


Recruiters eye talent with digital expertise

China’s e-commerce, high-tech and financial sectors may hire more staff this year, recruitment firm Robert Walters said in its Global Salary Survey yesterday....

January 18, 2017, Wednesday


Closer ties with HK

SHANGHAI should strengthen financial sector cooperation with Hong Kong to improve the economies of both cities, Tse Yung Hoi, chairman of Bank of China International-Prudential Asset Management Ltd, said ...

January 18, 2017, Wednesday


Call for FTZ tariff cut

SHANGHAI should eliminate tariffs in the pilot free trade zone to improve trading and enhance the competitiveness of domestic companies, says Fang Huaijin, vice president of the Shanghai International ...

January 18, 2017, Wednesday


Yuan funds for forex drop in December

THE central bank’s yuan funds outstanding for foreign exchange declined again in December as capital outflow continued. The funds declined 317.8 billion yuan (US$46.1 billion) in December month on month ...

January 17, 2017, Tuesday


Shanghai online finance firms go inland

SHANGHAI-BASED online finance service providers are expanding into inner and western parts of China as their economic development boosts demand for Big Data, online payments and other cyber finance services. Four ...

January 17, 2017, Tuesday


China’s ODI grows 44.1% last year

CHINA’S non-financial outbound direct investment increased 44.1 percent year on year to US$170.11 billion in 2016, official data showed yesterday. Chinese companies invested in 7,961 overseas enterprises ...

January 17, 2017, Tuesday


Shenzhen-HK stock link running well

THE Shenzhen-Hong Kong Stock Connect has been operating smoothly and steadily since its launch a month ago and trading is expected to pick up despite the underwhelming response, Wang Yixuan, director ...

January 14, 2017, Saturday


 

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