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SPD Bank
Shanghai Pudong Development Bank, branded as Pufa Bank in Chinese and SPD Bank in English, is a city-owned joint-stock commercial bank. It was established in 1993 and owned by the Shanghai Municipal Government. Shanghai Pudong Development Bank issued a 400 million A-share offer on 23 September 1993, on the Shanghai Stock Exchange. It became the first shareholding commercial bank to list with both Central Bank and China Securities Regulatory Commission’s approval since the enactment of "Commercial Bank Law" and "Securities Law". The registered capital reached RMB 2.41 billion. 320 million shares of the issue were listed on the Shanghai Stock Exchange on 10 November 1999 (stock code 600000). History Shanghai Pudong Development Bank partnered with Silicon Valley Bank in 2012 to create a separate Shanghai-based bank to lend to local technology startups. It was the first Sino-American joint venture bank. In 2024, SPD Silicon Valley Bank has been renamed into Shanghai Innova ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Building, Shanghai
The HSBC Building (also known as the Municipal Government Building) is a six-floor neo-classical building in the Bund area of Shanghai, China. It served as the headquarters of the Shanghai branch of The Hongkong and Shanghai Banking Corporation from 1923 to 1955, and currently houses the Shanghai Pudong Development Bank (SPD Bank). The building is situated at number 12, the Bund. Designed by the British architecture firm Palmer & Turner Architects and Surveyors, construction of the building lasted from 5 May 1921 to 23 June 1923. Layout The HSBC Building has been called "the most luxurious building from the Suez Canal to the Bering Strait". The building has a floor area of , and was, at the time, the largest bank building in the Far East, and second largest in the world, after the Bank of Scotland building in Edinburgh. The building exterior adopted a strict neo-classicist design, with a tripartite vertical and horizontal division. In the centre is a dome, the base decorate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Register
''The Register'' (often also called El Reg) is a British Technology journalism, technology news website co-founded in 1994 by Mike Magee (journalist), Mike Magee and John Lettice. The online newspaper's Nameplate_(publishing), masthead Logo, sublogo is "''Biting the hand that feeds IT''." The publication's primary focus is information technology news and opinions. Situation Publishing Ltd is the site's publisher. Drew Cullen is an owner and Linus Birtles is the managing director. Andrew Orlowski was the executive editor before leaving the website in May 2019. History ''The Register'' was founded in London as an email newsletter called ''Chip Connection''. In 1998 ''The Register'' became a daily online news source. Magee left in 2001 to start competing publications ''The Inquirer'', and later the ''IT Examiner'' and ''TechEye''. In 2002, ''The Register'' expanded to have a presence in London and San Francisco, creating ''The Register USA'' at theregus.com through a joint ventu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Shanghai
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1993
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies In The FTSE China A50 Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
