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  • July 22, 2014
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  1. A-share market opens up

    Posted May 07th 2012, 12:00am

    ... been widely welcomed as another sign of the progressive opening of China's financial sector and further incentive for overseas funds to raise their stake in the mainland's domestic ... With the United States economy bumping along and Europe once again teetering on the brink of recession, fund managers and institutional investors understandably see China's continuing gross domestic ...

  2. B.O.C. tipped to open Shanghai headquarters

    Posted Feb 22nd 2012, 12:00am

    ... the bank's headquarters to Beijing. Once the Shanghai headquarters of Bank of China was open for business, the bank's Beijing headquarters would focus more on administrative and management ... George Chen george.chen@scmp.com The Bank of China, one of the country's Big Four state lenders, plans to set up a second headquarters in Shanghai next month, a move seen ...

  3. Beijing fast-tracks opening up of A-share market

    Posted Feb 14th 2012, 12:00am

    ... in an apparent effort to shore up investor confidence. The China Securities Regulatory Commission has licensed seven overseas institutions to become qualified foreign institutional investors, following ... stability as millions of individual investors bet on stocks with their years of savings. After Guo Shuqing, the former China Construction Bank chairman, took the helm of the CSRC in October last ...

  4. Credit Suisse partner opens 5.8b yuan IPO

    Posted Jul 30th 2011, 12:00am

    ... kicking off a new round of IPOs on the weak A-share market. The mid-sized brokerage set the price range of 3.70 yuan to 3.90 yuan apiece for the 1.5 billion shares on offer. It opened for institutional subscription yesterday and will be open for a day of online subscription on Monday. The share sale, one of the nine IPOs to be launched on the mainland next week, will help gauge ...

  5. Business - Banking & Finance - A SHARES

    Mainland China allows residents from Hong Kong and Taiwan to trade A shares

    Posted Mar 10th 2013, 12:00am by Yvonne Liu, Bloomberg

    ... Yvonne Liu and Bloomberg in Beijing People from Hong Kong, Macau and Taiwan on mainland can open accounts Expanded A-share trading allowed The mainland said it will allow Hong Kong, Taiwan and Macau residents living there to open domestic trading accounts, the latest move to boost Asia's third-largest equity market. The rule, which takes effect on April 1, will allow them to open ...

  6. Mainland government is opening skies for airlines

    Posted Sep 29th 2008, 12:00am by Andrea Li

    ... China's air space to foreign players. One of the latest agreements, signed last year, was the United States-China Cargo Open Skies Agreement which gives United Parcel Service and FedEx Express ... with the signing of more new traffic rights agreements. 'The US-China Cargo Open Skies Agreement will be just one of many,' he added. Under the Chinese government's latest five-year plan, ...

  7. Tsingtao reform opens door to key investors

    Posted Dec 22nd 2006, 12:00am by Kandy Wong

    ... tradable when the company finalised its equity reform programme. Completion of the proposed transfer, which is still subject to a waiver by the China Securities Regulatory Commission, would cut ... operated by China Resources and London-based SABMiller, took over market leadership in the first half of this year with 15 per cent market share to Tsingtao's 14 per cent, according ...

  8. Business - Banking & Finance - SECURITY

    Xi Jinping's security commission to also tackle financial industry

    Posted Jan 28th 2014, 04:30am by George Chen, Teddy Ng

    ... compare our efforts with some big Western countries, our leaders believe we still have a lot more to do with financial security, which is proving to be a serious threat not just to China but also ...

  9. Opening of sponsors market points to a loss of control

    Posted Apr 02nd 2011, 12:00am

    ... to verify whether a business is legal in the mainland. Some of these verifications are quite eye opening. One was in the prospectus of a privately owned aluminium producer China Hongqiao Group which ... to the recent opening up of our market to mainland professionals, the sponsor is becoming the only one left to answer their questions or to face the heat in case of foul play. Mainland professionals, ...

  10. Hang Seng Bank eyes openings in Taiwan

    Posted Aug 06th 2008, 12:00am by Enoch Yiu

    ... executive Raymond Or Ching-fai. 'Greater China area will be our focus,' Mr Or said at a post-results media briefing yesterday. 'We have no desire to buy into the United States ... by year-end. 'We will definitely lift our profit contribution target for China though we have not yet fixed a number,' he said. 'What we are sure of is that profit contribution from ...




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