Tianjin Equity Exchange launched China’s first mining board over the weekend to help finance smaller mining companies which have difficulties in listing on the country’s stock markets.
Meanwhile, a China Mining and New Energy Fund was launched to raise 10 billion yuan (US$1.46 billion) to invest in precious and nonferrous metals as well as energy minerals [...]
China Pacific Insurance (Group) Co and the country’s pension fund plan to raise as much as HK$25.93 billion ($3.3 billion) in a Hong Kong share sale that may be the city’s second-biggest this year, four people familiar with the plan said.
The nation’s third-largest insurer and the National Social Security Fund are offering 861.3 million shares [...]
JPMorgan said yesterday that it has appointed Zili Shao, a managing partner at law firm Linklaters’ Asia, to be chairman and chief executive of its China business.
The United States bank said it had also appointed Fang Fang, chief executive of J.P. Investment Banking China, as vice-chairman of its Asia Investment Banking operations.
The move comes as [...]
China Eximbank, a wholly State-owned policy lender, may get a capital boost from the government as early as January next year to help kickstart its long-awaited restructuring process, sources with knowledge of the matter said yesterday.
China Central Huijin Investment Co, an investment arm of the nation’s sovereign wealth fund, will be the only entity that [...]
The average return of funds managed by overseas institutions to trade in yuan shares grew 8.12 percent in October, led by the robust growth of the domestic stock market, an industry report said yesterday.
The performance outshone that of domestic equity funds, which rose 7.38 percent in average returns, according to research firm Lipper & Co.
In [...]
The government of the Macao Special Administrative Region (SAR) has provided allowances to local employers who hire young people aged below 26 and with no working experience, the Macao Daily Times reported on Friday, quoting the SAR’s labor chief as saying.
The authorities attached importance to issues concerning young people employment and have used different channels [...]
