The China stock market has climbed higher in three straight sessions, advancing almost 100 points or 3.1 percent along the way. The Shanghai Composite Index now sits just above the 3,295-point plateau ... ( read original story ...)
Fund Scandal Was ‘Wake-Up Call’ for Noah’s Shadow-Bank Shift
Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers ... ( read original story ...)
Fund Scandal Was ‘Wake-Up Call’ for Noah’s Shadow-Banking Shift
The Shanghai-based firm slashed sales of such ... of China’s three-year effort to tackle financial risks in the shadow banking system. The sector has been drawn into the purview of new rules ... ( read original story ...)
Shanghai reforms help China rise on World Bank’s ‘doing business’ ranking
China has moved from the 78th place to 31st in 2020, the report said. Shanghai accounts for 55 percent of China's weight in the World Bank's report. Following a city-wide meeting to mobilize the ... ( read original story ...)
China accelerates reforms in improving business environment: World Bank
China's recent acceleration in business reforms has helped the country become the top reformer among large economies, according to a report issued by the World Bank. Figures presented in the Doing ... ( read original story ...)
Xinhua Silk Road: Shanghai Songjiang district releases policies to promote development of hi-tech film and television industries in Shanghai
Shanghai Songjiang district released a host of polices at a press conference held last Sunday in a bid to build Shanghai into a hi-tech film and television city with global influence. Last year, ... ( read original story ...)
China’s new mini-IPO market gets off to frenzied trade, triggering circuit breakers
IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts. ( read original story ...)