Wei Wei, a trader at Huaxi Securities in Shanghai, reckons rising stock turnovers point to increasingly split views among investors, as more shares change hands. “The market is becoming divided after a decent run of rises, with some still bullish but ... ( read original story ...)
INSIGHT-Trust issues? China targets a $3 trillion shadow banking industry
According to two people with direct knowledge of the case, an unknown sum was loaned by China Construction Bank through Shanghai Trust to Cinda Asset Management Company. Cinda then invested the cash. One of the sources said Cinda used the cash to acquire ... ( read original story ...)
China targets a $3 trillion shadow banking industry
According to two people with direct knowledge of the case, an unknown sum was loaned by China Construction Bank through Shanghai Trust to Cinda Asset Management Company. Cinda then invested the cash. One of the sources said Cinda used the cash to acquire ... ( read original story ...)
Trust issues? China targets US$3t shadow banking industry
According to two people with direct knowledge of the case, an unknown sum was loaned by China Construction Bank through Shanghai Trust to Cinda Asset Management Company. Cinda then invested the cash. One of the sources said Cinda used the cash to acquire ... ( read original story ...)
BRIEF-Dali Pharmaceutical to raise 314.5 mln yuan for Shanghai IPO
* Says it plans to issue 25 million shares at 12.58 yuan ($1.94) a share for Shanghai IPO Source text in Chinese: bit.ly/2vOmgBQ ($1 = 6.4773 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
Trust issues? China targets a $3 trillion shadow banking industry
SHANGHAI (Reuters) - As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at the heart of a vast shadow banking ... ( read original story ...)
China stocks fall as banking, resources firms take a breather
SHANGHAI, Sept 7 (Reuters) - China stocks fell on Thursday, as profit taking in resource shares following their recent rally and weakness in the banking sector offset strong gains in real estate companies. The blue-chip CSI300 index fell 0.5 percent ... ( read original story ...)