On Tuesday, the Shanghai Interbank Offered Rate (Shibor), a key indicator reflecting the borrowing costs within China's interbank market, saw a modes ... ( read original story ...)
China details regulations on non-bank payment institutions
In recent years, China has witnessed remarkable growth in its non-bank payment industry. Data shows that over 1 trillion transactions are made in the country via non-bank payment institutions annually ... ( read original story ...)
Chinese market regulator CSRC’s support will divert scores of mainland firms’ IPOs to Hong Kong, analysts say
Some mainland companies with strong fundraising needs may opt to transition their listing plans to Hong Kong, according to Deloitte's Edward Au Central government is asking mainland's leading ... ( read original story ...)
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
The market’s worst performers included several stocks that had been its biggest stars. Super Micro Computer lost more than a fifth of its value, dropping 23.1%. The company, which sells server and storage systems used in AI and other computing, had soared nearly 227% for the year coming into the day. ( read original story ...
Brokers Woo ‘Snowball’ Buyers With 40% Returns After China Stock Market Rout
Chinese securities firms are dangling near record-high returns to lure investors back into the market for derivatives that fueled the nation’s stock selloff earlier this year, as fallout from the meltdown cuts deeper into their profits from the business. ( read original story ...)
Beijing wants to make it easier for Chinese companies to list in Hong Kong as the city suffers through its slowest IPO market since 2009
China's top markets regulator announced several measures to more tightly connect Hong Kong's and mainland China's stock exchanges. ( read original story ...)
China State Fund Pours $41 Billion Into Stock Market in Q1, Reports Show
In January, S&P Global Market Intelligence found more than $17 billion flowed to Chinese-domiciled ETFs tracking the CSI 300. Goldman Sachs also noticed heavy buying of domestic ETFs by suspected "national team" state-affiliated investors. ( read original story ...)