SHANGHAI - The Shanghai Stock Exchange and BM&FBovespa SA, the operator of Latin America's biggest securities exchange, will sign an agreement that may lead to cross-listings of stocks, the Financial Times (FT) reported, citing an unidentified official with the Sao Paulo-based company.
Russia's Promsvyazbank (PSB) and the Agricultural Bank of China (ABC) signed a post-financing agreement here on Wednesday, pledging to further expand cooperation.
The Industrial and Commercial Bank of China (ICBC) Wednesday agreed to loan at least 60 billion yuan ($9.1 billion) to China's press and publication sector over the next five years.
For all the acquisitions being struck by exchanges around the world, no bourse is less wanted than Nasdaq OMX Group Inc.
China reduced its holdings of US treasury bonds in December for the second straight month, but analysts said it is market-based short-term move.
China's major property developers have been stepping up their efforts to raise funds overseas in response to a gradually tightened cash flow.
SHANGHAI - Stocks on the Chinese mainland rose to a two-month high after steelmakers boosted prices and analysts recommended industrial companies on speculation their earnings will be more sheltered from the government's policy-tightening measures.
China's securities watchdog is planning to allow asset management units of brokerages to launch private equity funds for the first time as soon as this year, according to two people with direct knowledge of the situation.
For all the acquisitions being struck by exchanges around the world, no bourse is less wanted than Nasdaq OMX Group Inc.
Small- and medium-sized companies in China are turning to pawnshops for quick and easier money-borrowing services, even at much higher costs, as they are finding it difficult to get bank loans due to tight lending policies.
The nation's banks lent 1.04 trillion yuan in the first month of 2011
China's stocks closed almost flat on Tuesday with the benchmark Shanghai Composite Index ending 0.1 point higher to 2,899.24.