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 ...)
METALS-Shanghai copper registers second monthly gain on supply concerns
Shanghai copper registered a second consecutive month of gains on Monday as prices firmed on a potential supply threat in Chile and massive U.S. infrastructure spending plans. HANOI, May 31 (Reuters) ... ( read original story ...)
Shanghai launches Party education program
A month-long publicity and education program on the history of the Communist Party of China for young people was launched in Shanghai on Monday. Consisting of a cartoon series, an interactive ... ( 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 ...)
METALS-Shanghai copper set for monthly gain on U.S. spending plans, Chile strike
Shanghai copper prices rose on Monday, poised for a second consecutive monthly gain, as traders expect supply threat in Chile and massive U.S. spending plans on infrastructure to fuel shortages. HANOI ... ( read original story ...)