Category: Shanghai News

China’s bank BoCom says negative oil prices did not impact customers: local media

China’s Bank of Communications Co Ltd (BoCom) said, according to The Paper, that the plunge in U.S. crude oil futures prices to negative territory this month had no impact on customers of its oil ……


Yum China Holdings, Inc. (YUMC) CEO Joey Wat on Q1 2020 Results – Earnings Call Transcript

Q1 2020 Earnings Conference Call April 28, 2020, 20:00 ET Company Participants Debbie Ding – Senior IR Manager Joey Wat – C ……


Worried China bondholders call for protection as restructuring wave looms

China’s bondholders are increasingly worried that there is little to protect them from being railroaded into bad deals by troubled borrowers amid a wave of virus-related extensions and restructurings….


ANALYSIS-Worried China bondholders call for protection as restructuring wave looms

China’s bondholders are increasingly worried that there is little to protect them from being railroaded into bad deals by troubled borrowers amid a wave of virus-related extensions and restructurings….


NIO Announces Entry into Definitive Agreements for Investments in NIO China

NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium smart electric vehicle market, today announced that it entered into definitive agreements for investments in NIO China with a ……


Baby steps, boom times and Tiger: pro golf in China marks 25 years

Twenty-five years ago professional tournament golf took its first steps in China and, despite a few stumbles, paved the way to establishing the sport in a country where it was once banned as a ……


China Manager Who Sold Stocks Before Rout Says Worse Coming

The current stability in Chinese stocks isn’t luring Pan Yue, who is waiting for the Shanghai equity benchmark to fall a further 25% before she’d consider stepping back in….


Bank of China to expand its fintech innovation regulatory pilot project to six more cities

Bank of China will be expanding its fintech innovation regulatory pilot project to six more cities and districts. In 2019, the bank had launched the project in Beijing. According to the bank, ……


Inceptio Technology Completes Capital Raising of US$100 Million And China’s First A-Sample Validation for Autonomous Truck Production

Inceptio Technology, an autonomous trucking start-up, announced its completion of US$100 million in capital raising….


China’s major bourses rise after two sessions dates unveiled

China’s major bourses including the Shanghai and Shenzhen stock exchanges and the tech-heavy ChiNext board all rose on Wednesday morning as markets were boosted by news that the country’s top ……