With the approval of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Co., Ltd. (CSDC) have revised the “Measures for Trading, Depository and Clearing Businesses of ... ( read original story ...)
China improves business environment
A pilot reform will be carried out in Shanghai's Pudong New Area to cut or simplify another 47 approval items, after all of China's free trade zones have separated operation permits from business licenses and cleared 116 approval items, said the statement. ( read original story ...)
More Chinese airlines allow inflight mobile phone use, wifi
But now, I can use my social network accounts," said a passenger named Zuo, who took a flight with wifi from Shanghai Thursday. Previously, mobile phone use on aircraft was banned over safety concerns. The ban is a common international practice ... ( read original story ...)
Stock Futures Trim Overnight Gains on Soft Housing Market, Philly Fed Data
China's GDP, fixed-asset investment and industrial production numbers all beat expectations, restoring confidence in the strength of the world's second largest economy, and driving the Shanghai stock market index nearly 1% higher overnight. Europe's ... ( read original story ...)
Hong Kong stock market hits record on upbeat China data
compared with a valuation multiple of 14.6 times for the 51-stock Hang Seng Index. "Investors are inclined to invest in shares with lower valuations when the market is on a rising trend," said Linus Yip, chief strategist at First Shanghai Securities in ... ( read original story ...)
Banking and infrastructure firms power China stocks to two-year highs
SHANGHAI: China stocks climbed on Thursday to end at two-year highs, underpinned by robust gains in banking and infrastructure firms. Share markets closed just as Chinawas announcing that it had annual economic growth of 6.8 per cent in October-December. ( read original story ...)
Shanghai housing market to rebound in 2018
A pedestrian walks past a property agency in Shanghai. [Photo by Zhang Peng/For China Daily] The residential housing market in Shanghai continued to contract due to limited supplies and lending restrictions during the fourth quarter of 2017, according to ... ( read original story ...)