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Tag: banking

Posted on 22/09/2023

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street

Asian shares were mixed on Friday after another slump on Wall Street driven by expectations that U.S. interest rates will stay high well into next year. Hong Kong and Shanghai advanced while Tokyo, ... ( read original story ...)

Posted on 22/09/2023

China’s yuan bounces on state bank support, offshore tightness

SHANGHAI/BEIJING: China’s yuan bounced against a buoyant dollar on Friday, underpinned by state bank support, further strong fixing guidance by the central bank and signs of liquidity tightness in the ... ( read original story ...)

Posted on 21/09/2023

Shanghai FTZ was a ‘template’ for rest of China

Mathias Cormann uses words like "innovation," "experimentation," and "template" to describe the China (Shanghai) Pilot Free Trade Zone. When it was created in September 2013, the Shanghai FTZ was ... ( read original story ...)

Posted on 21/09/2023

Exclusive-China Scrutinizes Quant Strategies as Market Weakness Stokes Public Anger – Sources

"Brokerages in China are more willing to lend securities to quants for shortselling due to their active trading and commission contributions. But it's unfair to other market players who hardly have ... ( read original story ...)

Posted on 21/09/2023

Stock market today: Wall Street drifts again in the countdown to a Federal Reserve announcement

Asian shares are mostly lower as markets await a decision by the Federal Reserve on interest rates. Trade data for Japan showed exports fell 0.8% last month from a year earlier, marking a second ... ( read original story ...)

Posted on 20/09/2023

Newly listed Chinese car-parts maker raises investors’ hackles for lending US$27 million shares to short sellers

according to data from the Shanghai exchange and China Securities Finance. The move complied with rules that allow senior management of companies involved in initial public offerings (IPOs) as ... ( read original story ...)

Posted on 20/09/2023

Niche tech firms ride favorable policies on way to IPOs

The China Securities Regulatory Commission has said that the nation will temporarily slow the pace of IPOs and further regulate major shareholders' share reductions. Experts said the policy mix will ... ( read original story ...)

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