SHANGHAI, Jan 24 China's central bank on Tuesday raised the interest rate on a key liquidity tool, the medium-term lending facility (MLF), as it rolled over maturing loans, triggering a fall in prices of benchmark bond futures. The People's Bank of China ... ( read original story ...)
Three China IPOs suspended from trade after surging by maximum-permitted 44 pc in debut action
The Beijing-based broker raised 4.09 billion yuan through its IPO, which was priced at 6.81 yuan per share. The benchmark Shanghai Composite Index closed at 3,136.78 on Monday, up 0.4 per cent. Jilin JLU Communication and Guangdong Xiongsu Technology were ... ( read original story ...)
China central bank's temporary liquidity support a new tool, sends neutral policy signal – paper
SHANGHAI A move by China's central bank to provide temporary liquidity support marks the creation of a new policy tool designed to ease seasonal cash shortages, while sending the signal that monetary policy remains stable and neutral, the Financial News ... ( read original story ...)
Shenzhen-Hong Kong Stock Connect to see warmer investor response if yuan stabilises
In contrast, the Shanghai-Hong Kong Stock Connect (SH Connect), a similar scheme that ... “The SZ Connect has seen a more calm response from the market, which was partly due to different timing,” said Li Kongyi, an analyst from Fortune Securities. ( read original story ...)
After Chinese investment, Pakistan's bourse bets on derivatives
In December, a Chinese-led consortium, made up of China Financial Futures Exchange, Shanghai Stock Exchange ... Pakistan was the world's fifth highest-returning stock market in 2016, but the growth was driven by local investors, with the bourse eager ... ( read original story ...)
PSX signs share purchase agreement with Shanghai Consortium
Pakistan Stock Exchange and Shanghai Consortium of China on Friday signed a 40 percent ... Governor of State Bank, stock market officials, brokers and Chinese investors attended the ceremony. ( read original story ...)
CCP12 opens in Shanghai
It also supports the gradual application of practices that will see Shanghai's financial sector comply with global standards. Currently, it has 35 member institutions, including London Clearing House, Nasdaq Clearing AB, and Shanghai Clearing House. ( read original story ...)