Financials fuel rally in Shanghai

... enhance overall efficiencies of financial institutions and attract more global investors", said the research note. The Shanghai Composite Index rose 0.44 percent to 3,447 points, while the Shenzhen Component Index rose 0.43 percent to 11,695 points. ( read original story ...)

China Warning Wipes $6 Billion From Stock Loved by Goldman

The result was a plunge of as much as 5.8 percent in the Shanghai-listed shares Friday ... at Bocom International Holding Co. in Hong Kong. Since a debt-fueled stock market bubble burst in 2015, wiping out $5 trillion of value, Chinese policy makers ... ( read original story ...)

Shanghai stocks set for worse week in 3 months; Hong Kong up

SHANGHAI, Nov 17 (Reuters) - Shanghai's stock market fell on Friday, on track to post its biggest weekly loss in three months, with sentiment soured by a sharp correction in alcohol producer Kweichou Moutai, seen as a bellwether among Chinese blue chips. ( read original story ...)

China Takes Rare Step of Warning Investors on Liquor Stock

and that analysts’ share price targets and valuations in the market are "overly high". The stock dropped 2 percent at 9:36 a.m. in Shanghai. Moutai has more than doubled this year, with Goldman Sachs Group Inc. alone raising its target on the company 11 ... ( read original story ...)

Huaxia Life expands holding in China Minsheng Bank to 4.13pc

The insurer said it bought 130.8 million A shares of Minsheng Bank in the secondary market in Shanghai last week, representing 0.36 per cent of the lender’s total issued ordinary shares. The purchase price was not revealed. The trades increased Huaxia ... ( read original story ...)

Military Drills Help China’s Best Bank Toughen Up Its Staff

who stepped down as a Bank of Taizhou vice president in 2014 after almost a decade with the bank and now serves as a Shanghai-based adviser to the company. “What we added was a systematic approach to measure repayment capacity.” Big banks are ... ( read original story ...)