SHANGHAI/BEIJING/HONG KONG (Reuters) – In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at…
Monthly Archives For January 2018
BRIEF-China Shandong Hi-Speed Financial Group Announces Subscription Of Shares
Jan 2 (Reuters) – China Shandong Hi-Speed Financial Group Ltd: * ANNOUNCES ACQUISITION AND SUBSCRIPTION OF AN AGGREGATE OF 60% SHARES IN KUN PENG Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters…
China holds first IPO for mental health sector in a test of a social taboo
The number of Chinese registered as suffering from depression, anxiety, alcohol abuse, dementia, and other mental illnesses increased by 25 percent between 2014 and 2016, according to Chinese authorities. By one recent accounting, they number…
Mental-Health IPO Is a Leap Forward for China
The number of Chinese registered as suffering from depression, anxiety, alcohol abuse, dementia, and other mental illnesses increased by 25 percent between 2014 and 2016, according to Chinese authorities. By one recent accounting, they number…
China to suspend some car production over fuel consumption standards
The suspension will take effect from Jan. 1, Xinhua said, citing the China Vehicle Technology Service Centre.REUTERS | January 01, 2018, 09:53 IST BEIJING: China will suspend the production of 553 passenger vehicle models that…
Anti-Beijing protesters march in Hong Kong over ‘suppression’
ANGRY protesters have marched through Hong Kong against what they described as suppression by Beijing, days after Chinese authorities ruled that part of a city rail station would come under mainland law. Demonstrators scuffled with…
Infant formula shake-out in China may cut 85 per cent of brands
Up to 85 per cent of the 2500 infant formula brands competing in the lucrative China market could eventually be locked out under tough new regulations by authorities that came into force on January 1,…
China to maintain ‘prudent’ monetary policy in 2018, says central bank chief
The leadership under President Xi Jinping has decided that speed of growth is no longer an overriding concern as China now pursues “high quality” development instead, according to a statement from the state news agency…
China’s ban on ivory sales comes into force in ‘the greatest single step toward reducing elephant poaching’
A partial ban had already resulted in an 80 per cent decline in seizures of ivory entering China, according to the Xinhua state news agency. Domestic prices for raw ivory are down 65 per cent,…
ING completes participation in Bank of Beijing share offering
As announced on 25 April 2017, ING has participated in the private placement by Bank of Beijing (BoB) which has closed today. BoB has issued 2.9 billion ordinary shares with a value of approximately RMB…
ING Subscribes for 265 Million Shares in Bank of Beijing
ING Groep NV (INGA.AE) said Friday that it subscribed for 265 million shares worth about 1.89 billion Chinese yuan ($289 million) in a private placing by the Bank of Beijing Co. Ltd. (601169.SH). Continue Reading…
China c.bank promises to maintain ‘prudent and neutral’ policy
BEIJING, Dec 29 (Reuters) – China’s central bank pledged on Friday to maintain its “prudent and neutral” monetary policy and to use multiple policy tools to keep liquidity reasonably stable. Analysts expect the People’s Bank…
Anti-Beijing protesters march in Hong Kong
Angry protesters marched through Hong Kong Monday against what they described as suppression by Beijing, days after Chinese authorities ruled that part of a city rail station would come under mainland law. Semi-autonomous Hong Kong…
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