After months of speculation, Meituan-Dianping, one of China’s largest online services platforms, has rolled out its car-hailing business. Starting Wednesday, users in Shanghai can hail rides through Meituan’s mobile app, which already offers a range of ... ( read original story ...)
China names CBRC chief Guo as head of new banking, insurance regulator: Caixin
He steered China Construction Bank Corp (CCB) (601939.SS)(0939.HK) to a successful public listing in Hong Kong in 2005 - the first among Chinese banks - and then in late 2007 on the Shanghai bourse. In February last year, Guo stepped down as governor of ... ( read original story ...)
METALS-Shanghai copper falls to 6-month low as shorts increase
(adds broker comment, updates prices) BEIJING, March 21 (Reuters) - Shanghai copper prices fell for a fourth day on Wednesday, touching their lowest in almost six months amid fears of a trade war as investors waited for news on a U.S. interest rate hike. ( read original story ...)
Shanghai Composite tiptoes along dividing line between bull and bear markets
China’s Shanghai Composite Index has been flirting for the past month with the reading that distinguishes between bull and bear markets. The benchmark gauge of mainland-traded stocks has been stuck within its 200-day moving average, briefly rising above ... ( read original story ...)
Shanghai stocks are developing a classic pattern
The Shanghai composite index is developing a classic test and ... Daryl Guppy is a trader and author of Trend Trading, The 36 Strategies of the Chinese for Financial Traders, which can be found at www.guppytraders.com. He is a regular guest on CNBC Asia ... ( read original story ...)
Japan’s financial groups see opportunity in Chinese deregulation
SHANGHAI/TOKYO -- As China allows foreign capital wider access to the mainland market, Japanese financial groups are moving quickly to enlarge their foothold in the world's second-largest economy. Sumitomo Mitsui Banking Corp., through its Hong Kong branch ... ( read original story ...)
Review: Singapore Airlines Business Class Lounge Sydney Airport
China Eastern First Class 777 Shanghai To Los Angeles In the last installment I reviewed the Singapore Airlines first class lounge that I had access to, and in this installment I wanted to look at the Singapore Airlines business class lounge, which can be ... ( read original story ...)