Tag: banking

rather than letting most of the savings stay in the property market," said Fang. "If we can achieve this, China’s economy will move up to a new level." Talks on the Shanghai-London stock connect scheme, which would allow investors on one bourse to invest ... ( read original story ...)

BEIJING (Reuters) - British finance minister Philip Hammond said that China and the United Kingdom have agreed to accelerate preparations for a London-Shanghai stock connect program. Hammond was speaking at a press conference in Beijing. In September ... ( read original story ...)

SHANGHAI, Dec 15 (Reuters) - China's banking regulator has tightened rules for consumer finance firms, which have grown making small-scale loans to individuals and small companies, the business daily Securities Times newspaper said on Friday. The move is ... ( read original story ...)

SHANGHAI, Dec 14 (Reuters) - China's central bank raised money market interest rates on Thursday hours after the Federal Reserve increased U.S. rates. The People's Bank of China has moved to a slight tightening bias this year following six benchmark ... ( read original story ...)

Shanghai: China’s central bank raised interest rates on its standing lending facility (SLF) short-term loans by 5 basis points on Thursday, sources with direct knowledge of the matter said. The increase came after the People’s Bank of China raised ... ( read original story ...)

The price-to-earnings ratio of the Shanghai index was 14.81 as of the last full trading day while the dividend yield was 2 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 0.46 percent to 28.77 trillion yuan. ( read original story ...)

Through a future listing on the Shanghai stock exchange, the perception of KraussMaffei will significantly increase in the Chinese market. Chinese investors appreciate German industrial workmanship as well as management competency,” said Jianxin Ren ... ( read original story ...)