Shenzhen Development Bank Co., Ltd.
Shenzhen Development Bank Co., Ltd. (the Bank) is a commercial bank offering financial services to both corporate and individual clients throughout China. It provides deposits and loans in both domestic and foreign currency, domestic/international discounted notes and settlements, debit cards and credit cards. The Bank is also engaged in the issuance of domestic securities, trade/non-trade settlements, foreign exchanges, remittance of foreign currencies, issue and sale of financial instruments denominated in foreign currencies, credit investigation, consultation and witness, offshore financial services, investment banking, sale and redeem of domestic open-ended trusts and securities and investment trusts custody services.
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Asian markets mostly gained on Friday. Japan's Nikkei was 0.2 per cent higher on upbeat industrial output data. Hong Kong's Hang Seng Index rose 1.0 per cent, while South Korea's Kospi added 0.5 per cent. China's Shanghai Composite Friday fell 0.3 per cent. Today metal and resource shares in the regional markets may face pressure after the massive earthquake that hit Chile.
Asian markets opened mixed Friday. Japan's Nikkei average jumped above 8000 points in early trade while South Korea's Kospi was higher led by shipbuilders and steelmakers. Other markets include Hong Kong, Singapore and Shanghai opened flat following the falls on Wall Street.
Asian shares fell broadly yesterday following the sharp losses in Wall Street. Japan's Nikkei index extended its falling streak for the third trading session to a 26-year low. In Seoul, Kospi slumped 3.2%. China market, which is said as one of the world's best performers, saw a most massive drop of 4.6% in Shanghai Composite Index. Hong Kong's Hang Seng Index dropped 2.9% with China-related stocks tracking movements in Shanghai.
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