Investors at a stock exchange in Hangzhou on March 4, 2019. Contrary to global conventions, China’s stock market denotes gains and advances in red, while green is used to illustrate losses and ... ( read original story ...)
Why Chinese drinkers are the greatest ‘contributors’ to China’s stock market
Shares in the Shanghai-listed company have risen about 500 percent since ... and the seventh-largest listed company by capitalization in the Chinese mainland stock market. As of Monday, the distiller ... ( read original story ...)
Shanghai upgrades reform measures to optimize business environment
Shanghai is building better and better business environment with upgraded measures, demonstrating its charm to foreign investors. Tesla CEO Elon Musk was one of the many that are amazed by the ... ( read original story ...)
Global Private Equity Snaps Up Chinese Commercial Property
In November, Singaporean developer CapitaLand Ltd. and sovereign wealth fund GIC Ltd. splashed out 12.8 billion yuan to buy Shanghai’s tallest twin towers in the biggest commercial property purchase ... ( read original story ...)
China Wants Its Stock, Bond Markets to Step Up Funding Role
“We could do more work especially in the capital market -- stock market, bond market -- for direct financing ... an NPC delegate and vice president at Bank of China Ltd. in Shanghai said in an ... ( read original story ...)
Shanghai in No.5 spot among financial hubs
A worker cleans the promenade on the Bund along the Huangpu River in Shanghai. File photo: VCG Shanghai will likely surpass Singapore as the world's fourth-largest financial hub within three years, ... ( read original story ...)
China’s central bank says will gradually set up rules to regulate fintech
SHANGHAI (Reuters) - China’s central bank said on Saturday it will gradually set up a system of rules to regulate fintech, and will fully utilize the technology to optimize the flow of credit and ... ( read original story ...)