Tag: banking

Ma Juan, a credit business manager with Bank of Shanghai, said the widely held view is that the P2P market's lending almost equals that of mainstream or traditional lenders. "I don't need to name any specific provider. But we all know that the combined ... ( read original story ...)

Beijing/Shanghai: China's banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said. Under the leadership of ... ( read original story ...)

SHANGHAI, Aug 7 (Reuters) - Shanghai Stock Exchange (SSE) plans to increase its scrutiny of mergers, acquisitions, transfer of control deals and other corporate actions that could lead to financial risk in the market, the official Xinhua news agency ... ( read original story ...)

The China stock market has moved lower in three straight trading days, sliding almost 30 points or 0.9 percent along the way. The Shanghai Composite Index rests just above the 3,260-point plateau although it may stop the bleeding on Monday. The global ... ( read original story ...)

Market watchers say mainland Chinese investors are causing the phenomenon, favouring Hong Kong's biggest shares as they funnel cash into the city through exchange links. While that creates opportunities – and pitfalls – for stock pickers, some ... ( read original story ...)

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Signalling expectations of further weakness, China CSI300 stock index futures for August fell 0.4 percent ... an analyst at Central China Securities in Shanghai. "The market is still waiting for an opportunity to break out." China will kick off its July ... ( read original story ...)