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Category: FINANCE

Posted on 19/05/2018

Chinese bank staff offered dinner and photos with Trump for $150,000

BEIJING/SHANGHAI (Reuters) - A Chinese bank said on Friday it was tightening up its management after some staff were caught offering elite clients the chance to attend a dinner with U.S. President Donald Trump, and get their pictures snapped with him ... ( read original story ...)

Posted on 19/05/2018

China’s money rates ease on c.bank liquidity support, seasonal factors fade

SHANGHAI, May 18 (Reuters) - China's primary money rates eased on Friday after a rise in the middle of the week as liquidity tightness, caused by monthly corporate tax payment, eased following central bank-led cash injection, traders said. The volume ... ( read original story ...)

Posted on 19/05/2018

Shanghai’s robot bank: China opens world’s first human-free branch

A police patrol robot at Zhengzhou East railway station.Xiao Long, the latest employee at the Jiujiang Road branch of the China Construction Bank is never late for work. “Welcome to China Construction Bank,” she chirps to customers arriving at the ... ( read original story ...)

Posted on 18/05/2018

Shanghai stock exchange cracks down on share-backed loans by controlling stakeholders – media

The practice has prompted regulatory concern that a sharp fall in share prices could lead to a sudden change in the controlling shareholders of firms, which could consequently destabilize the market. The newspaper said the Shanghai Stock Exchange (SSE ... ( read original story ...)

Posted on 16/05/2018

China shares lower at close of trade; Shanghai Composite down 0.70%

Declining stocks outnumbered rising ones by 892 to 439 and 47 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.27. In commodities ... ( read original story ...)

Posted on 16/05/2018

China stocks lower at close of trade; Shanghai Composite down 0.70%

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 892 to 439 and 47 ended unchanged. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.27. Gold Futures ... ( read original story ...)

Posted on 15/05/2018

China’s stock exchanges tighten supervision on booming ABS market

SHANGHAI (Reuters) - China’s stock exchanges have stepped up their scrutiny of the booming asset-backed securities (ABS) market, publishing new rules that require prompt information disclosure and risk management updates from issuers. China’s ABS ... ( read original story ...)

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