Category: FINANCE

SHANGHAI—China has pledged to launch a stock trading link between Shanghai and London by the end of this year, taking a fresh step towards opening up its financial markets and providing the U.K. with a vote of confidence ahead of Brexit. The plan ... ( read original story ...)

An “unmanned”, fully automated bank outlet that opened on Monday in Shanghai is receiving positive feedback from customers－especially younger ones. The facility, installed by China Construction Bank’s Shanghai branch on Jiujiang Road in the ... ( read original story ...)

Foreign banks and financial services firms will be able to take majority ... and a four-fold increase in the value of stocks that can be traded on existing sharemarket links between Shanghai and Hong Kong each day from May this year. ( read original story ...)

The program with London Stock Exchange Group (LON:LSE) Plc would be the third system to give foreigners access to the mainland equity market, the world’s second biggest by value. A link between Shanghai and Hong Kong started in November 2014, and a ... ( read original story ...)

The China stock market has climbed higher in three straight sessions, gathering almost 80 points or 2.6 percent along the way. The Shanghai Composite Index now rests just beneath the 3,210-point plateau although the wheels may come off on Thursday. ( read original story ...)

Yi Gang, the governor of the People’s Bank of China, said at the Boao Forum for Asia today that the London-Shanghai Stock Connect programme would aim to launch in 2018. It would allow UK investors access to China's market, and Chinese investors to ... ( read original story ...)

HONG KONG/SHANGHAI (Reuters) - China’s central bank will relax its informal guidance for the upper limit of commercial banks’ deposit rates, facilitating the market liberalization of interest rates, three sources with knowledge of the matter told ... ( read original story ...)