The data placed the area first amongst Shanghai's districts and helps to demonstrate the extent to which Pudong is acting in the financial interest of small local businesses. The increase in loans can be attributed to the decision of Pudong authorities to ... ( read original story ...)
China Stock Market In A Perfect Silent Uptrend, Long Term Bullish
No matter what you would like to call it, Trump trade or wall of worry, the fact of the matter is that China’s stock market is heading higher. The Shanghai exchange, which is shown on the chart, made a silent but important breakout in November last year ... ( read original story ...)
Banks raise interest on yuan deposits
The Hongkong and Shanghai Banking Corporation has raised its interest rate on yuan time deposits to as much as 3.8 percent amid fears that China might squeeze yuan supply to defend its currency.It has lifted its annualized interest rate on six-month yuan ... ( read original story ...)
Trump’s gestures towards China, international fund inflows boost Hong Kong market turnover
The two stock connect schemes link the Hong Kong stock market to the Shenzhen and Shanghai stock markets and allow investors access to stocks on each side subject to quotas. The flow of funds into Hong Kong market is also related to some mainland ... ( read original story ...)
China regulator still plans oil futures, weighs easing equity curbs: paper
... to launch oil futures and is considering lifting restrictions on stock index futures imposed during the 2015 stock market crash, the Shanghai Securities Times said on Saturday. The newspaper report cited an internal meeting at the China Securities ... ( read original story ...)
Mutual funds face ‘nuclear winter’ in a flat market
The benchmark Shanghai Composite Index still advanced 9.4 per ... According to Wind, about 500 of the mutual funds launched last year - including stock-focused, bond and money-market funds - barely raised 200 million yuan. Mutual fund companies have ... ( read original story ...)
CFO Moves: Sinopec Shanghai
Sinopec Shanghai Petrochemical Co., a state-owned Chinese oil and petrochemicals company, on Wednesday appointed Zhou Meiyun as vice president and chief financial officer, effective immediately. Mr. Zhou has been with Sinopec Shanghai Petrochemical since ... ( read original story ...)