Shanghai: China’s central bank lent 398 billion yuan ($61.76 billion) to financial institutions on Monday via its 1-year medium-term lending facility (MLF), citing a “relatively large” decrease in banking system liquidity, it said in a statement. ( read original story ...)
China c.bank injects 398 billion yuan via MLF, citing tight liquidity
SHANGHAI (Reuters) - China's central bank lent 398 billion yuan ($61.76 billion) to financial institutions on Monday via its 1-year medium-term lending facility (MLF), citing a "relatively large" decrease in banking system liquidity, it said in a statement. ( read original story ...)
Chinese shadow banking presents economic, political challenges
December 28, 2017 Shanghai/Beijing/Hong Kong—In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at the bank had a ... ( read original story ...)
China’s Shanghai Composite Index caps longest streak of gains in 25 years
China’s offshore market is also enjoying the party ... in the very early days after the Shanghai Stock Exchange started operation in 1990. The index rose every session from October 3, 1991 to February 24, 1992. Signs have already emerged that Chinese ... ( read original story ...)
China’s yuan eases as c.bank loosens reins on midpoint fixing
Don't rain on their parade! Besties Kendall Jenner and Hailey Baldwins still manage to look stylish as they get caught in Los Angeles downpour What's the meaning of Meghan's three rings on her hand? Placement of thin gold bands indicate motivation, control ... ( read original story ...)
China Stock Market May Extend Winning Streak
(RTTNews.com) - The win streak has hit 10 sessions for the Chin stock market, which has advanced more than 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,425-point plateau and it's looking at another green ... ( read original story ...)
Shanghai tightens financial sector supervision
Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. ( read original story ...)