SINGAPORE - United Overseas Bank Limited (UOB) has inked a pact with Shanghai Qilu Industrial, a state-owned company under the Shandong provincial government, to provide financing of up to three billi... ( read original story ...)
China shares lower at close of trade; Shanghai Composite down 2.26%
Declining stocks outnumbered rising ones by 1182 to 253 and 30 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composit... ( read original story ...)
Here’s Everything China Is Doing to Support its Stock Market
ChiNext gauge sinks 2.7 percent, Shanghai Composite loses 0.9 percent * REQUEST TO ... The government is paying close attention to the healthy and stable development of the stock market, and regulator... ( read original story ...)
Bank of America Is Already Calling Time on China Stock Rally
Don’t get too excited by the steepest rally in Chinese stocks since 2016, says Bank of America Merrill Lynch. The Shanghai Composite Index’s two-day gain is a sentiment-driven, short-term rebound that ... ( read original story ...)
Is Chinese capitalism in crisis, as stock market rout drives private companies into the state’s arms?
as the country’s worst stock market rout in three years has starved more and more companies of cash. At least 32 companies listed on the Shanghai and Shenzhen bourses sold controlling stakes to the Ch... ( read original story ...)
China to Allow Bank Wealth-Management Funds to Be Invested in Stocks
BEIJING/SHANGHAI (Reuters) - China's banking regulator said on Friday it plans to start letting funds from products publicly sold by banks' wealth management subsidiaries be directly invested in ... ( read original story ...)
Swiss Bank Discourages China Travel After Banker Is Kept in Beijing
UBS, the Swiss banking giant, has asked dozens of its wealth managers ... of staff detention in connection with investigations,” said Andrew Gilholm, a Shanghai-based analyst with Control Risks, a glo... ( read original story ...)