SHANGHAI, Dec 12 (Reuters) - China stocks fell on Tuesday, erasing the bulk of their gains the previous session, led lower by financial and transport firms. Investors are worried over whether China’s central bank would follow the U.S. Federal Reserve ... ( read original story ...)
Unified APP of China’s Banking Industry, “Mobile QuickPass” Officially Launches Today
SHANGHAI, Dec. 12, 2017 /PRNewswire/ -- On December 11, China UnionPay joined hands with over 30 Commercial banks and payment institutions to launch "Mobile QuickPass", the unified APP for China's banking industry. By integrating mobile payment functions ... ( read original story ...)
China banks warn new asset management rules may trigger systemic risks: sources
BEIJING/SHANGHAI (Reuters) - Ten Chinese banks have raised strong objections to the central bank's recent move to tighten rules on the asset management sector, saying it may cause a rush of redemptions among other risks, three sources with knowledge of the ... ( read original story ...)
China banks’ household loans soar as shadow lending squeezed
SHANGHAI/HONG KONG (Reuters) - Chinese lenders’ short-term household loans almost doubled last month from a year ago, according to central bank data, as regulators clamp down on other opaque forms of borrowing to tame risks linked to a vast shadow ... ( read original story ...)
Sky Solar Holdings, Ltd. Announces New Shanghai Office Location
All forms of proxy delivered to the former Shanghai office at Suite 1703, Gubei International Financial Center, 1438 Hongqiao Road, Shanghai 200336, China in accordance with the instructions specified in the form of proxy accompanying the notice of the AGM ... ( read original story ...)
China, HK stocks up on consumer, financial shares
SHANGHAI, Dec 11 (Reuters) - China and Hong Kong stocks rose on Monday, aided by strength in consumer and financial shares. ** As of 0422 GMT, the Shanghai Composite index was up 13.23 points or 0.4 percent at 3,303.22. ** China’s blue-chip CSI300 index ... ( read original story ...)
Chinese IPO shares worst performers despite record year
359 initial public offerings were listed in Shanghai and Shenzhen in the first 10 months of 2017, a record amount. However, IPO stocks have been by far the worst performers for a second year running, with a Shenzhen index of newly listed companies shedding ... ( read original story ...)