Stocks had tumbled across the board in the morning amid concern that the latest attempt to tighten supervision of $15 trillion in asset-management products would siphon funds from the market ... on the mainland. The Shanghai Stock Exchange Property ... ( read original story ...)
China Stock Market May Test Resistance At 3,400
(RTTNews.com) - The China stock market on Monday snapped the four-day slide in which it had surrendered more than 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,390-point plateau and it may add to its winnings on Tuesday. ( read original story ...)
Losing Streak May Continue For China Stock Market
(RTTNews.com) - The China stock market has finished lower in four straight sessions, tumbling more than 65 points or 1.9 percent along the way. The Shanghai Composite Index now rests just above the 3,380-point plateau and it may take further damage on Monday. ( read original story ...)
China stocks shake off shadow bank clampdown with late rally (VIDEO)
The Shanghai Composite Index closed 0.3 per cent higher ... they also warned of turbulence as markets adjust to outflows from popular shadow-banking products. The government directives, set to take effect in 2019, are the latest in a series of moves ... ( read original story ...)
China just made a historic move to open its financial system to the world
with the nation’s benchmark Shanghai Composite Index fluctuating in a narrow range after the announcement. Shares of Chinese financial companies were mixed in Hong Kong. Foreign financial firms applauded the move, with JPMorgan Chase & Co. and Morgan ... ( read original story ...)
Chinese regulators move to ensure ‘investment robots’ are not excluded from financial oversight
“It is a forward-looking step from the regulators as they quickly learn the previous lessons of falling behind the curve when supervising internet financial companies,” said He Fei, a senior researcher at the Bank of Communications in Shanghai. ( read original story ...)
China’s Shadow Bank Clampdown Hits Stock Market
The Shanghai Stock Exchange Property Index dropped 0.5 percent ... some short-term concerns but would help to attract foreign inflows as it would make the market better in the long term. So it’s not entirely negative.” China’s sovereign bonds ... ( read original story ...)