For the second time in a week, a Chinese bank discloses it is the victim of a scam involving the alleged embezzlement of cashed bills for investment in local stock markets.
Frank Gong is JP Morgan's new chairman of investment banking in China after its top deal-maker in the country, Fang Fang, retired. The management shakeup takes place as US regulators investigate the bank’s overseas hiring practices.
Seven cornerstone investors have pledged $512 million as Harbin Bank becomes the latest in a long line of mainland Chinese financial institutions to seek a Hong Kong listing.
Phoenix Healthcare is set for a good debut after attracting $5 billion of demand and Qinhuangdao Port is fully covered after three days, while Dongpeng is forced to cut the price and China Everbright hopes to be third time lucky.
China Everbright implements a customer management system from Fico, while JCB expands its partnership with China UnionPay and signs two deals in Nepal.