Brushing aside the negative impact of the overnight US stock rout, China's stock market is making a miraculous turnaround, with the Shanghai Composite stock index rebounding from a low of 2,756 points ... ( read original story ...)
China’s New Stock Board Debuted With Crazy Volatility and Valuations. Now Watch the Government.
https://www.barrons.com/articles/chinas-star-markets-is-open-and-valuations-are-crazy-51563818647 Demand was intense when the Science and Technology Innovation Board of the Shanghai Stock Exchange ... ( read original story ...)
Shanghai to give foreign workers access to share options for locally-listed firms to attract more funds and talent
Shanghai plans to allow foreigners employed by regional headquarters of multinational companies to receive stock options on the A-share market, part of its bid to become a global financial powerhouse. ( read original story ...)
China stocks fall as bank lending disappoints; more easing expected
The Shanghai Composite index closed down 0.6% at ... according to data released by the People’s Bank of China on Monday. ** Analysts expect Beijing to allow more easing to energize growth. ( read original story ...)
Shanghai-based Zendai closes two P2P units worth US$1.4 billion as Beijing intensifies crackdown
Zendai Group, a closely held private investment company in Shanghai, abruptly shut down two peer-to-peer ... was to be liquidated on Tuesday, as its custodian bank was terminating the partnership. The ... ( read original story ...)
China Banking Official: “People’s Bank Digital Currency Can Now Be Said to Be Ready”
People’s Bank digital currency can now be said to be ready.” Shanghai Securities News (SSN) writes that Mu made the announcement at the third “China Financial Forty People Yichun Forum” on August 10th ... ( read original story ...)
China stocks falter as bank lending falls; Hong Kong drags
At the midday break, the Shanghai Composite index was down 0.7% ... according to data released by the People’s Bank of China on Monday. ** The PBOC lowered its official yuan midpoint for the ... ( read original story ...)