(RTTNews) - The China stock market has moved higher in back-to-back sessions, gathering just 4 points or 0.1 percent along the way. The Shanghai Composite Index now rests just above the 3,345-point plateau and it's looking at another green light for Thursday. ( read original story ...)
In China, It’s Global Money Managers vs. Mom and Pop
China’s stock market has been driven by retail investors from the beginning. Although the Shanghai and Shenzhen exchanges were set up in 1990 and 1991, respectively, the first mutual funds didn’t open for a decade. Regulators have sought to ... ( read original story ...)
UPDATE 1-ANZ swaps buyer in $1.4 bln Shanghai bank sale; Baosteel in
SYDNEY/BEIJING, Sept 18 (Reuters) - Australia and New Zealand Banking Corporation said on Monday Baoshan Iron & Steel Co would buy part of its stake in Shanghai Rural Commercial Bank Co, rather than Shanghai Sino-Poland Enterprise Management Development ... ( read original story ...)
China busts secret bank in Guangzhou sending assets abroad
SHANGHAI: Chinese police have broken up a secret banking operation used to transfer assets abroad, the official China Daily reported on Tuesday. The underground bank, hidden in a food market in the southern city of Guangzhou, is suspected of being involved ... ( read original story ...)
China busts underground bank in Guangzhou
SHANGHAI - Chinese police have broken up a secret banking operation used to transfer assets abroad, the official China Daily reported on Tuesday. The underground bank, hidden in a food market in the southern city of Guangzhou, is suspected of being ... ( read original story ...)
Making sense of Belt and Road – The Chinese policy bank: China Development Bank
The bank, Zheng says, will implement projects eligible for these ... It has led multilateral financial cooperation mechanisms such as the Shanghai Cooperation Organization Interbank Association, the China-Asean Interbank Association and the Brics Interbank ... ( read original story ...)
Shanghai Gold Exchange Withdrawals In August
Withdrawals on the Shanghai Gold Exchange are often considered a good proxy for the level of physical gold demand in China. The Peoples Bank of China has slowed its gold purchases recently. In November and December the PBOC added no gold to its reserves. ( read original story ...)