Shanghai Composite Index Up on Late Day Energy Stock Surge

As tight liquidity usually has a negative impact on the stock market, we want to keep an eye on the PBOC’s subsequent actions.” Hongkong and Shanghai Hotels reported a 32.5 percent drop in earnings for 2016 on Monday, worse than expected, thanks to ... ( read original story ...)

Shanghai's banking industry maintains good momentum

The total assets of Shanghai's banking industry amounted to 14.4 trillion yuan ($2.1 trillion) by the end of 2016, a year-on-year increase of 11.3 percent, according to data released by the Shanghai Banking Association on March 9. The increase was greatly ... ( read original story ...)

China-Tech IPOs Eyed as Potential Money-Earner for Global Banks

Alibaba's Ant Financial IPO is highly expected this year as it could raise about $25 billion but the biggest listing could be Lufax - Shanghai Lujiazui International Financial Asset Exchange Co -which could raise about $5 billion in Hong Kong in the second ... ( read original story ...)