CHINA MERCHANTS BANK CO., LTD
SSE or SZSE Delayed Price. Currency in CNY
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|Company Name||CHINA MERCHANTS BANK CO., LTD|
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- Dec 22 , 2017
China Merchants Bank Clears First Cross-Border Interbank Blockchain Transaction in YuanChina Merchants Bank Co. [SHA:600036] cleared the world’s first yuan-denominated cross-border interbank transaction using blockchain technologies, establishing a foundation for promoting cooperation in the sector.
- Dec 20 , 2017
360 Will Delay Repaying USD3 Billion Loans, Discloses Backdoor Listing DetailsChinese cyber security giant Qihoo 360 Technology Co. will delay repayment of the USD3 billion in loans it used for its privatization, it said yesterday as it also disclosed the details of its backdoor listing on Shanghai’s A-share market.
- Dec 20 , 2017
Foreign Investors Scoop Up Zhejiang Shapuaisi Shares, Dump Yonghui Superstores in Volatile Trading SessionsOverseas institutional investors continued to invest in China’s A-share market with a net capital inflow over the last couple of days, undaunted by the recent seesaw movements. The Shanghai Stock Exchange and the Shenzhen Stock Exchange both rebounded yesterday. The Shanghai Composite Index approached the 3,300 mark once again, but the overall trading volume remained at a historic low.
- Dec 20 , 2017
Property Giants China Evergrande, Vanke May Move Headquarters to Shenzhen Bay, Say ObserversYesterday, China Evergrande Group [HK:3333] and China Vanke Co. [SHE:000002] won bids for some land parcels in Shenzhen Bay super headquarters base in Nanshan district of the city in the southern Guangdong province, which is often regarded as China’s tech hub. The acquisitions may indicate that the two companies may relocate their headquarters to the base, observers believe.
- Dec 19 , 2017
China’s Web Titans Lead EV InvestmentTelematics is the new trend in the auto industry, and electrified and simpler powertrain systems give new entrants in the market the opportunity to overtake the world’s major automakers by changing to the fast lane.
- Dec 11 , 2017
Office Vending Machine Startup Xedaojia Raises USD30 Million, Vies to Expand Its NetworkChinese office vending machine startup Xedaojia has secured CNY200 million (USD30.3 million) in B-round financing, and will use the funds it raised to expand its service network, 36kr reported.
- Nov 20 , 2017
Gaming-Streamer Douyu Completes D-Round Financing in First Half of 2017 Led by CMB International CapitalDouyu became the first domestic network broadcast platform in China to complete D-round financing led China Merchants Bank Co. [HK:3968; SHA:600036] subsidiary CMB International Capital Corp. and supported Nanshan Capital, during the first half of this year, BCC News Network reported.
- Nov 13 , 2017
Banks Tighten Credit Lines, Set Low Loan LimitsBanks’ have tightened their credit lines on stronger demand for financing of the real economy, tougher financial regulations and strained liquidity.
- Sep 20 , 2017
China Merchants Bank Opens Sydney Branch, Becomes First Chinese Joint-Stock Lender in AustraliaChina Merchants Bank Co. [SHA:600036] has become the first Chinese-funded joint-stock bank to operate branches in Australia after opening a location in the capital Sydney, online media outlet E-North reported on Sept. 19.
- Sep 12 , 2017
LeEco Reacts to Its Inclusion by People’s Court on ‘Dishonest Debtors’ ListUpon inclusion of Leshi Holdings (Beijing) Co., the holding company for the cash-strapped LeEco conglomerate, and Leshi Mobile Intelligent Information Technology (Beijing) Co., subsidiary of the brand’s listed affiliate, on a Tianjin People’s Court’s list of “dishonest debtors,” LeEco said the company's asset value is greater than its debts and that it has been actively disposing of the assets of non-listed businesses to raise funds for debt repayments.
- Aug 2 , 2017
Courts Freeze Yet More Assets Belonging to LeEco and Founder Jia Yueting Over Unpaid LoansAnother major commercial bank has demanded the repayment of LeEco loans after China Merchants Bank’s [SHA:600036] request to freeze assets worth CNY1.2 billion (USD182 million) belonging to founder Jia Yueting, his wife, and three of the firm’s subsidiaries.
- Jul 21 , 2017
One Month After A-Shares Inclusion Into MSCI, 70% of 222 Concept Stocks Rise, 20 Hit New HighIn the small hours of June 21, MSCI announced its decision to incorporate China’s A-shares into the MSCI Emerging Markets Index.
- Jul 20 , 2017
Apple Pay Holds 90% Market Share of Chinese NFC Payment Sector, Vice President SaysApple Inc.’s [NASDAQ:AAPL] Apple Pay has a 90 percent market share in the Chinese near field communication (NFC) payment sector, while 90 percent of mobile payments with China Merchants Bank Co. [SHA:600036] credit cards are made via Apple Pay, Apply Pay Vice President Jennifer Bailey says.
- Jul 14 , 2017
LeEco Employees Who Are Owed Unpaid Wages Apply for Labor ArbitrationLeEco employees, who are owed unpaid wages, have applied to the Labor Dispute Arbitration Committee of Chaoyang District in Beijing, to recover their back pay and demand labor arbitration. Leshi Zhixin Electronic Technology (Tianjin) Co., Leshi Holdings, Leshi Mobile Intelligent Information Technology (Beijing) Co. and LeEco’s e-commerce arm are all implicated in the case.
- Jul 7 , 2017
LeTV Founder Jia Yueting Steps Down From Firm’s Board, Will Serve as LeCar’s Global ChairmanJia Yueting, a well-known Chinese internet entrepreneur and founder of Leshi Holding (Beijing) Co., has decided to step down from the board of Leshi Internet Information and Technology Corp. [SHE:300104] (LeTV) under the pressure of cash shortages.