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Tag: banking

Posted on 01/08/2017

China blue-chips hit 19-month high on upbeat factory report; Hong Kong up

buying Hong Kong stocks via the stock connects linking Shanghai, Shenzhen and Hong Kong. ($1 = 6.7187 Chinese yuan) ( read original story ...)

Posted on 01/08/2017

New Chiefs at China’s Top Banks Signal Further Reshuffles Ahead

who went on to head the China Securities Regulatory Commission until he was removed after the 2015 stock-market crash. "In the West, we also see bankers move to become regulators, but there’s normally a cooling period, which you don’t see in China ... ( read original story ...)

Posted on 01/08/2017

A Peek Into The Markets: U.S. Stock Futures Rise Ahead Of Economic Data

U.S. stock futures traded higher in early pre-market trade. The Chicago PMI for July is schedule ... Hong Kong’s Hang Seng Index gained 1.28 percent, China’s Shanghai Composite Index gained 0.61 percent and India’s BSE Sensex rose 0.63 percent. ( read original story ...)

Posted on 01/08/2017

China’s yuan strengthens to 9-1/2-month high on higher fixing

SHANGHAI, Aug 1 (Reuters) - China's yuan firmed against the ... during which White House communications director Anthony Scaramucci was fired. [nL1N1KM0ON] In the spot market, the onshore yuan opened at 6.7170 per dollar and was changing hands ... ( read original story ...)

Posted on 01/08/2017

Chinese financials carry baton as Hong Kong stocks near 26-month highs

Strengthened earnings expectations have underpinned Hong Kong's stock ... market. For insurers, we can see their A-shares are doing well right now, and markets are expecting they will post good results," said Linus Yip, chief strategist at First Shanghai ... ( read original story ...)

Posted on 01/08/2017

BRIEF-Zhejiang CFMOTO Power issues prospectus for Shanghai IPO

July 31 (Reuters) - Zhejiang CFMOTO Power Co Ltd * Says issues prospectus for Shanghai IPO Source text in Chinese: http://bit.ly/2v9HVqU (Reporting by Hong Kong newsroom) ( read original story ...)

Posted on 01/08/2017

Bank of Shanghai : How foreign firms get better credit to move forward

THE round table "Getting Credit in China" was held on June 21 at the General Consulate of Italy in Shanghai with the aim of helping foreign companies move forward without red tape of credit restrictions. "Getting Credit in China" brought together GWA ... ( read original story ...)

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