China's largest film studio was listed on the Shanghai Stock Exchange on Thursday, with its market value reaching over ten billion yuan (1.5 billion USD), reports thepaper.cn. The Hengdian World Studios, said to be the largest film studio in the world ... ( read original story ...)
China c.bank lends 498 bln yuan via MLF, rates unchanged
SHANGHAI, Oct 13 (Reuters) - China’s central bank said on Friday it injected 498 billion yuan ($75.72 billion) into the financial system via one-year medium-term lending facility (MLF) loans. Interest rates for the MLF loans were unchanged at 3.20 ... ( read original story ...)
China market seen steady
... regulators took steps to maintain stability in the stock market ahead of the 19th Party Congress, the Wall Street Journal reported yesterday. It said the stock exchange in Shanghai asked brokerages to monitor unusual fund movements in their clients ... ( read original story ...)
Banking in Hong Kong? You Might Be Anywhere
Meanwhile, an equity trading link between the Hong Kong bourse and exchanges in Shanghai and Shenzhen has made illegal ... to relax "know your customer" -- or KYC -- rules in the city's banking system. If the idea is to boost competitiveness, Hong ... ( read original story ...)
Security Bank, PNB set LTNCD issues
The issue date is on Oct. 26. The HongKong and Shanghai Banking Corp. Ltd. and ING Bank N.V., Manila Branch are the joint lead arrangers and bookrunners while PNB, HSBC, ING and Multinational Investment Bancorp. are the selling agents. PNB Capital and ... ( read original story ...)
Continued Support Called For China Stock Market
The China stock market has finished higher in four straight sessions, gathering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now rests just beneath the 3,390-point plateau and it may extend its gains on Thursday. The global ... ( read original story ...)
Shanghai eyes Belt and Road key role
Shanghai aims to become an investment and financing hub for markets involved in the Belt and Road Initiative and a global renminbi financial services center, said city authorities on Wednesday. "The city will step up the opening of the financial market ... ( read original story ...)