The Shanghai Composite gave up 0.17% after closing down 0.17% ... Last week, U.S. stocks closed higher on Friday, buoyed by data showing a return to growth in the labor market, after the number of US jobs created in June topped expectations suggesting ... ( read original story ...)
The first Princess cruise ship built specifically for the Chinese market arrives in Shanghai
BEIJING (dpa-AFX) - The China stock market has finished higher in back-to-back sessions, gathering almost 20 points or 0.6 percent along the way. The Shanghai... In a first, the Indian merchant navy officers across the country, who work behind for countrys ... ( read original story ...)
Shell companies are bad for Hong Kong’s market reputation, SFC chairman says
Since the listing of China’s H-shares in Hong Kong in 1993, Chinese companies have come to represent more than half of total market capitalisation. Stock connects between Hong Kong and Shanghai in 2014, and Hong Kong and Shenzhen in 2016, have tied the ... ( read original story ...)
China central bank told by Xi to play bigger role in managing financial risk
BEIJING/SHANGHAI (Reuters) - China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial system, President Xi Jinping said at a once-in-five-years government work conference that ended on ... ( read original story ...)
China central bank to play bigger role managing financial risk: state TV
SHANGHAI (Reuters) - China's central bank will take on a beefed up role managing systemic risk in the country's financial markets, state broadcaster China Central Television said on Saturday, citing President Xi Jinping. Speaking at the National Financial ... ( read original story ...)
China stocks regulator approves 9 IPOs to raise $620 mln
SHANGHAI (Reuters) - China's securities regulator said it has approved nine initial public offerings (IPOs) that aim to raise a combined total of up to 4.2 billion yuan ($620 million). Four of the approved IPOs are on the Shanghai bourse, one on the ... ( read original story ...)
Global automakers call on China to ease “impossible” electric car rules
HAMBURG/SHANGHAI(Reuters) - Global automakers have urged China to ... The June 18 letter addressed to the head of China's Ministry of Industry and Information Technology, is the most cohesive pushback yet from the industry against ambitious targets for ... ( read original story ...)