Tag: banking

No matter what you would like to call it, Trump trade or wall of worry, the fact of the matter is that China’s stock market is heading higher. The Shanghai exchange, which is shown on the chart, made a silent but important breakout in November last year ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation has raised its interest rate on yuan time deposits to as much as 3.8 percent amid fears that China might squeeze yuan supply to defend its currency.It has lifted its annualized interest rate on six-month yuan ... ( read original story ...)

The two stock connect schemes link the Hong Kong stock market to the Shenzhen and Shanghai stock markets and allow investors access to stocks on each side subject to quotas. The flow of funds into Hong Kong market is also related to some mainland ... ( read original story ...)

... to launch oil futures and is considering lifting restrictions on stock index futures imposed during the 2015 stock market crash, the Shanghai Securities Times said on Saturday. The newspaper report cited an internal meeting at the China Securities ... ( read original story ...)

The benchmark Shanghai Composite Index still advanced 9.4 per ... According to Wind, about 500 of the mutual funds launched last year - including stock-focused, bond and money-market funds - barely raised 200 million yuan. Mutual fund companies have ... ( read original story ...)

Sinopec Shanghai Petrochemical Co., a state-owned Chinese oil and petrochemicals company, on Wednesday appointed Zhou Meiyun as vice president and chief financial officer, effective immediately. Mr. Zhou has been with Sinopec Shanghai Petrochemical since ... ( read original story ...)

SHANGHAI China's central bank said on Thursday it met with nine of the country's smaller bitcoin exchanges to discuss risks and problems in the bitcoin market, and warned them that they risk closure should they seriously violate the country's regulations. ( read original story ...)