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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


Sealand’s shares dive on possible income loss

Shares of Sealand Securities Co slumped yesterday after they resumed trading amid a bond scandal which may hurt its annual revenue....

January 21, 2017, Saturday


ECB keeps easy monetary policy flat

THE European Central Bank kept its super-easy monetary policy unchanged as expected yesterday and its President Mario Draghi told critics of his stimulus path to be patient and wait for the eurozone’s ...

January 20, 2017, Friday


SAFE: China’s forex reserves still sufficient

CHINA still has ample foreign exchange reserves despite continued declines, and fluctuations in the reserves are normal, the State Administration of Foreign Exchange said yesterday. The forex reserves ...

January 20, 2017, Friday


Banks’ forex settlement deficit expands

CHINA’S deficit in its foreign exchange settlement expanded in December, official data showed yesterday. Chinese lenders bought US$128 billion worth of foreign currencies and sold US$174.3 billion, giving ...

January 20, 2017, Friday


HKEx may unveil new venue for listings

The Hong Kong stock exchange is proposing to launch a new listing venue that would allow companies with different voting rights to go public in the city, in a bid to remain a global listings powerhouse. The ...

January 20, 2017, Friday


Chinese banks' forex settlement deficit expands in December

CHINA saw the deficit in its foreign exchange settlement expand in December, official data showed Thursday. Chinese lenders bought US$128 billion worth of foreign currency and sold US$174.3 billion, ...

January 19, 2017, Thursday


Central SOEs face tighter rules on investments

Chinese regulators yesterday released revised rules on investment by central state-owned enterprises, introducing a “negative list” approach in the supervision of investment projects....

January 19, 2017, Thursday


Listed SOEs to let employees own stocks

SHANGHAI yesterday launched a pilot scheme to introduce employee stock ownership in listed state-owned enterprises as a market-oriented reform of SOEs deepens. The city government will allow five to ...

January 19, 2017, Thursday


HSBC plans to relocate jobs to Paris after Brexit

HSBC became the first major bank to detail plans to move jobs out of London after Brexit, saying it will relocate staff responsible for generating around a fifth of its UK-based trading revenue to Paris ...

January 19, 2017, Thursday


 

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