China Merchants Bank opened NY branch

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Week in review 11/04 to 11/10

1) Shanghai Univ of Finance and Economics, or SUFE, is celebrating its 90 years annaversary. SUFE also launched Shanghai consumer/investor confidence index, similar to Univ of Michigan consumer confidence index.

SUFE logo

2) China Merchants Bank received US regulatory approval for opening a branch in New York (Reuter News). Personally I think CMB provides the best customer services in Chinese banks.

3) Baidu launched Caijing (finance) portal. But wait, this thing looks a lot like Yahoo Finance CN? I noticed the main difference is Baidu added the Chinese ADRs section, which list BIDU at the top.

Baidu Finance

Yahoo CN Finance

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