Zhongguancun Bank, MOLBASE join hands on financing services

Beijing Zhongguancun Bank Co Ltd and MOLBASE (Shanghai) Biotech Company reached strategic cooperation agreement in Beijing on March 28 to provide financial services to small and medium-sized companies. The cooperation will provide micro, small and medium ... ( read original story ...)

China outlines key targets of 2018 financial work

China's newly merged banking and insurance regulator has outlined major tasks for financial work in 2018, making preventing and dissolving risks a top priority as the country's new economic team promised better coordination in this area. In a conference ... ( read original story ...)

China approves 3 new IPO applications

BEIJING, March 30 (Xinhua) -- China's securities regulator approved three new IPO applications Friday, which will raise up to 1.6 billion yuan (254.4 million U.S. dollars) in the A-share market. One of the three companies will be listed on the Shanghai ... ( read original story ...)

Chinese youth goes for domestic brands

Once derided as the ‘world’s factory’ that only churns out low-quality imitation goods, China has been making progress in upgrading ... I personally think about Chinese brands like Huawei and Vivo, which are cheaper than Samsung and Apple yet have ... ( read original story ...)

China cuts tax rates for chipmakers amid trade tensions

BEIJING (Reuters) - China’s finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States over technology transfers. ( read original story ...)

iQiyi, China’s answer to Netflix, plunges in Wall Street debut

Investment bank Jefferies said ahead of the IPO that it valued iQiyi at $17 billion, far higher than the company's market value of about $11 billion after Thursday's close, according to FactSet. Related: China's biggest tech stock is getting crushed IQiyi ... ( read original story ...)

Bank of China back in black, CCB profit also picks up

Bank of China swung back into the black last year while China Construction Bank also joined the country's state-owned lenders in posting a profit pick-up on the back of an accelerating domestic economy. Bank of China, the country's main foreign exchange ... ( read original story ...)

China Mobile: Invest With Communists For 4.5%?

China Mobile is a profitable mega cap telecom with more than 870 million cell phone customers and growing mobile data traffic, wireline broadband and IoT connectivity business segments. The company boasts reasonable pricing metrics, revenue and dividend ... ( read original story ...)