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Month: June 2018

Posted on 02/06/2018

Hongkong Land, Shui On Said Vying For RMB 13.6B Site Near Shanghai’s Xintiandi

One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell for no ... ( read original story ...)

Posted on 01/06/2018

Buying dries up in Shanghai after bourse says funds tracking MSCI indexes finish building up positions

China’s stocks resumed declines on Friday, with the Shanghai benchmark posting a loss for a seventh time in eight days, as investors shrugged off the inclusion of A shares into MSCI’s equity gauges and concerns about a global trade war resurfaced. ( read original story ...)

Posted on 01/06/2018

Shanghai stock exchange adjust pricing mechanism for market close

SHANGHAI, June 1 (Reuters) - The Shanghai Stock Exchange said on Friday it plans to adjust the way closing prices are generated in a bid to adopt international practices and aid price stability. SSE said on its website that it plans to adopt the auction ... ( read original story ...)

Posted on 01/06/2018

The seven oddest things about China’s US$7.4 trillion stock market

... Tokyo Stock Exchange also uses auspicious red to denote stock advances. Forget about the long term, it’s a punter’s market in China. Institutional investors are largely absent from Shanghai, where individuals and day traders make up about 80 per ... ( read original story ...)

Posted on 01/06/2018

Alibaba’s Ant Financial Set to Support Shanghai Pudong Development Bank’s Digital Transformation

Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Wednesday it has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. to support the bank’s digital transformation with Ant Financial ... ( read original story ...)

Posted on 01/06/2018

Ant Financial to support Shanghai Pudong Development Bank’s digital transformation with financial-grade technologies

HANGZHOU, May 30, 2018 /PRNewswire/ -- Ant Financial Services Group ("Ant Financial") has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. ("SPD Bank") to support the bank's digital transformation with Ant Financial ... ( read original story ...)

Posted on 01/06/2018

Chinese regulator assures readiness for financial markets deregulation

a senior securities regulator said at a financial forum in Shanghai. Reuters cited Fang Xinghai, vice chairman of the China Securities Regulatory Commission as saying: "Currently, global institutional investors are generally underweight Chinese assets. ( read original story ...)

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