Tag: banking services
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Bank of China Gains Approval for A-Share Offering, Impacting Investor Landscape
Bank of China Limited has received initial approval from the Shanghai Stock Exchange for its plan to offer A-shares to specified investors. This…
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How HSBC’s US$3 Billion Stock Buy-Back Impacts Hong Kong Stock Exchange
HSBC, Hong Kong’s largest bank, has announced a new US$3 billion stock buy-back program following better-than-expected first-quarter profits. The banking giant reported a…
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Chinese Stock Market Surges as Shanghai and Shenzhen Indexes Rise
Chinese shares closed higher on Friday, with the Shanghai Composite Index rising by 0.85 percent to 3,379.11 points. The Shenzhen Component Index also…