Tag: finance

The Shanghai composite index is developing a classic test and ... Daryl Guppy is a trader and author of Trend Trading, The 36 Strategies of the Chinese for Financial Traders, which can be found at www.guppytraders.com. He is a regular guest on CNBC Asia ... ( read original story ...)

SHANGHAI/TOKYO -- As China allows foreign capital wider access to the mainland market, Japanese financial groups are moving quickly to enlarge their foothold in the world's second-largest economy. Sumitomo Mitsui Banking Corp., through its Hong Kong branch ... ( read original story ...)

Rob Carnell, an economist at investment bank ING, said Monday that Yi's appointment was "a vote for continuity." That could inject some confidence into China's stock market, added Jingyi Pan, a market strategist at trading firm IG Group. China's Shanghai ... ( read original story ...)

SHANGHAI/BEIJING (Reuters) - Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct ... ( read original story ...)

SHANGHAI (Reuters) - China has selected American-trained economist Yi Gang to become the country’s new central bank governor, the Wall Street Journal (WSJ) reported on Sunday, citing unnamed people with knowledge of the matter. The WSJ said the ... ( read original story ...)

HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings today affirmed its 'BBB' long-term and 'A-2' short-term issuer credit rating on Shanghai Pudong Development Bank Co. Ltd. (SPDB). Our outlook on the long-term rating is stable. We also ... ( read original story ...)

HONG KONG (S&P Global Ratings) March 13, 2018--S&P Global Ratings raised its long-term issuer credit rating on Shanghai Rural Commercial Bank Co. Ltd. (SRCB) to 'BBB' from 'BBB-'. The outlook is stable. We also raised our short-term issuer credit rating on ... ( read original story ...)