Shanghai Electric, CSSC Offshore & Marine Engineering ... retail investors receive negative real interest rates on their deposits “which can lead to silly [stock market] valuations if that is the hurdle rate”, given that the domestic bond market ... ( read original story ...)
China’s Stock Rally May Run Out of Steam Next Year
China’s benchmark stock index will trade weaker than current levels for ... according to Bocom International Holdings Co.’s Hao Hong. The Shanghai Composite Index will move between 2,800 and 3,900 for the next 12 months, with brief episodes of ... ( read original story ...)
How banks are tightening their credit policies, cherry-picking the customers most likely to deliver them highest profits as year-end nears
“We have seen credit in short supply near this year-end, partly thanks to a bigger demand from businesses when the macro economy is on a firmer footing,” said Zhao Yarui, a senior researcher at Bank of Communications in Shanghai. “The shortage in ... ( read original story ...)
Financial Market Opens to FDI, Shanghai to Launch Free Trade Port – China Market Watch
On November 10, authorities unveiled new round of financial market liberalization rules to invigorate the finance sector and curb potential financial risks. Although authorities are still formalizing some aspects of the announcement, it is clear the reform ... ( read original story ...)
France Will Press China for More Financial Market Access
Le Maire, who visits Beijing and Shanghai this week, will discuss ways to give French ... China earlier this month unveiled a set of financial reforms during a trip by U.S. President Donald Trump to Beijing, while Le Maire’s trip comes ahead of a visit ... ( read original story ...)
China approves five IPO applications
BEIJING, Dec. 2 (Xinhua) -- Chinese securities regulator has approved five IPO applications this week, which will raise up to 3.7 billion yuan (about 559 million U.S. dollars) in the A-share market. Two companies will be listed on the Shanghai Stock ... ( read original story ...)
Regulator fines China Minsheng Banking $4.2 mln for fake wealth product sales
SHANGHAI, Dec 1 (Reuters) - China's banking regulator has fined a Beijing branch of China Minsheng Banking Corp 27.5 million yuan ($4.16 million) for selling fake wealth management products, according to a notice posted on its official website on Thursday. ( read original story ...)