SHANGHAI: China stocks fell to six-month lows on Tuesday despite a regional relief rally, and the yuan eased from Monday’s seven-month high against the dollar, challenging views Chinese assets would ... ( read original story ...)
Exclusive: China asks large state financial institutions to drop auditor PwC, say sources
Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property ... ( read original story ...)
Shanghai’s Pudong Launches USD5.5 Billion Innovation Loan Scheme
(Yicai) Aug. 2 -- Shanghai’s Pudong New Area is rolling out a new financial service mechanism, called Innovation Loans, that links venture capital, banks and businesses, and will provide over CNY40 ... ( read original story ...)
Stock Market News: Stocks Tumble Amid Global Selloff
The benchmark Shanghai Composite Index closed 1.5% lower at 2860.70, the Shenzhen Composite Index dropped 2.1% and the ChiNext Price Index declined 1.9%. Foxconn Industrial Internet led the losses, ... ( read original story ...)
BOI, HSBC woo Chinese green technology firms
The Board of Investments (BOI) and the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) showcased the Philippines as a prime destination for Chinese green technology investments in a recent ... ( read original story ...)
Stock market roller coaster comes with deadly consequences, study shows
A new study from China shows a troubling link between stock market volatility and increased risks of heart attacks, strokes, and even suicide. ( read original story ...)
Shanghai Pudong Development Bank Greenlights Massive Capital Instrument Issuance
Shanghai Pudong Development Bank Co Ltd has approved the issuance of 150 billion yuan worth of capital instruments, equivalent to $20.82 billion. This strategic move is aimed at bolstering the bank's ... ( read original story ...)