PBOC raises reserve requirement for banks as it seeks to slow yuan’s rise, although analysts say currency remains on track for long-term appreciation. ( read original story ...)
China central bank says to raise FX reserve requirements
China's central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions to 7% from 5%, effective on June 15.The People's Bank of China (PBOC) said the move ... ( read original story ...)
UPDATE 1-China c.bank says to raise FX reserve requirements
China's central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions to 7% from 5%, effective on June 15. ( read original story ...)
China c.bank to raise FX reserve requirement ratio to ease fast yuan appreciation
China's central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions to 7% from 5%, effective on June 15. ( read original story ...)
Shanghai Electric Dives as Firm Warns of USD1.3 Billion Losses due to Unit’s Unclaimed Bills
Shanghai Electric’s Shanghai stock [SHA:601727] crashed 10 percent to CNY4.61 (USD0.72). Its Hong Kong-listed shares [HKG:2727] closed at HKD2.08 (USD0.27). Shanghai Electric Communication Technology, ... ( read original story ...)
Fitch Maintains China Huarong Financial Leasing on RWN
Fitch Ratings has maintained China Huarong Financial Leasing Co., Ltd.'s (Huarong Financial Leasing) Long-Term I ... ( read original story ...)
China stocks post best month in six as policy tightening fears ease; Shanghai Composite index firms at close
The blue-chip CSI300 index rose 0.2 per cent to 5,331.57, while the Shanghai Composite Index firmed 0.4 per cent to 3,615.48. ( read original story ...)