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China bars billionaire actress Zhao Wei from stock trading for five years
The regulator stated that the bid made misleading statements and major omissions in disclosures, according to a filing by Zhejiang Sunriver to the Shanghai stock exchange. The bidder’s actions “severely impacted market order, hurt medium and small ... ( read original story ...)
Overseas investors bullish on China’s capital market
China's stock market has been recovering steadily this year after market turmoil starting from the summer of 2015 once sent the major index below 3,000 points. The benchmark Shanghai Composite Index closed 0.14 percent higher Friday, at 3,432.67 points ... ( read original story ...)
Economic Watch: Overseas investors bullish on China’s capital market
China's stock market has been recovering steadily this year after market turmoil starting from the summer of 2015 once sent the major index below 3,000 points. The benchmark Shanghai Composite Index closed 0.14 percent higher Friday, at 3,432.67 points ... ( read original story ...)
China Eases Limits on Foreign Stakes in Financial Firms
Peter L. Alexander, the founder and managing director of Z-Ben Advisors, a Shanghai financial consulting firm, said that because Chinese investors tend to have large holdings in relatively simple money market funds and have not yet shown much interest in ... ( read original story ...)
China widens foreign access to its giant financial sector
“Financial services further opening definitely has been high on our list,” said Ken Jarrett, President of American Chamber of Commerce in Shanghai. “It’s a step in the right direction. We’ll have to see the detailed rules. In China you always ... ( read original story ...)
China lifts foreign ownership limits on financial firms
“Financial services further opening definitely has been high on our list,” said Ken Jarrett, President of American Chamber of Commerce in Shanghai. “It’s a step in the right direction. We’ll have to see the detailed rules. In China you always ... ( read original story ...)