Financial ties between Singapore and Shanghai are set to receive a boost in a more dynamic Asian financial landscape, said Ms Jacqueline Loh, deputy managing director of the Monetary Authority of Singapore (MAS). Speaking at the second Singapore-Shanghai ... ( read original story ...)
2nd Shanghai-Singapore Financial Forum Reaffirms Financial Collaboration
The Monetary Authority of Singapore (MAS) and Shanghai Municipal Financial Services Office (Shanghai FSO) held the 2nd Shanghai-Singapore Financial Forum (SSFF) in Shanghai today. The SSFF is a regular platform to deepen cooperation between the two ... ( read original story ...)
Bank of China sharply limits forex sales to companies in Shanghai: sources
SHANGHAI Bank of China, one of the country's "Big Four" state banks, has begun to sharply limit corporate customers' ability to purchase foreign currency in Shanghai, in what sources said on Friday was a bid to help stem capital outflows and ease ... ( read original story ...)
Shenzhen-HK stock link lets foreigners access China's booming tech firms
The Shenzhen stock market trades at a price to earnings multiple of 35 times while the Hang Seng small cap index trades at a third of that. Daily flows under the existing Shanghai - Hong Kong stock connect scheme has diverged in recent weeks with the Hong ... ( read original story ...)
Stock Connect will be ‘unaffected’ by new PBOC caps on capital outflow
that link the Hong Kong stock market with their equivalents in Shanghai and Shenzhen, according to Hong Kong Exchanges and Clearing (HKEX), or stockbrokers, according to officials. With just days before the launch of the Shenzhen-Hong Kong Stock Connect on ... ( read original story ...)
China, Hong Kong Prepare for Market Link (YANG, YINN)
The Shanghai Composite rose 0.5% ... The Hang Seng is up 3.7% over the past year, and Hong Kong’s stock market has seen limited volatility over the last two years despite mainland China’s 2015 stock bubble and crash. (See also: The Origins of the ... ( read original story ...)
China's yuan firms on state bank support, set for worst month since Aug 2015
"Major state-owned banks are still in the market today offering dollar liquidity to push the yuan higher," said a trader at a foreign bank in Shanghai. "Some traders have become very cautious and have started to change their positions," the trader said ... ( read original story ...)