Though Hong Kong is the only market at present to tie up with Shanghai and Shenzhen, it would lose its hub status in cross border trading if the tie-up happens, they said. Financial lawmaker calls on SFC to relax rules restricting Hong Kong stockbrokers ... ( read original story ...)
Shanghai Stocks Fall, But Global Banking Organizations Project Continued Growth in China
The Shanghai Composite Index slipped 4.9 points, or 0.16 percent to start the week, closing at 3,118.08 points on relatively light volume of 154 million shares. The Shenzhen Composite Index likewise closed lower today, sinking 0.38 percent. The spark that ... ( read original story ...)
China central bank to count off-balance sheet wealth management products in assessing banks' risk: sources
SHANGHAI China's central bank will tighten supervision of shadow banking businesses by including off-balance sheet wealth management products (WMPs) into its risk-assessment framework next year, sources with direct knowledge of the matter told Reuters. ( read original story ...)
China central bank presses banks to help with funds after interbank lending freezes: Caixin
SHANGHAI China's central bank stepped in to urge major commercial banks to lend to non-bank financial institutions on Thursday afternoon after many suspended interbank operations amid tight liquidity conditions, Caixin reported on late on Thursday. ( read original story ...)
BRIEF-Shanghai Pudong Bank gets banking regulator and c.bank's approval to issue bank debenture
* Says it gets banking regulator and PBOC's approval to issue bank debenture worth up to 50 billion yuan ($7.19 billion) Source text in Chinese: bit.ly/2gRl90F Further company coverage: ($1 = 6.9550 Chinese yuan renminbi) (Reporting by Hong Kong newsroom ... ( read original story ...)
Small investors’ losses continue to pile up as stock recovery hopes fall flat
The stock market has given mainland individual equity investors another cold shoulder, despite their pinning high hopes on a strong rebound to recover part of the losses they suffered at the beginning of the year. The benchmark Shanghai Composite Index has ... ( read original story ...)
Shanghai stock exchange, china financial futures exchange and deutsche börse agree on joint venture gbp vs usd bloomberg
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture Deutsche Börse: Shanghai Stock Exchange, China ... ( read original story ...)