SHANGHAI China's central bank will tighten supervision of shadow banking businesses by including off-balance sheet wealth management products (WMPs) into its risk-assessment framework next year, sources with direct knowledge of the matter told Reuters. ( read original story ...)
China central bank presses banks to help with funds after interbank lending freezes: Caixin
SHANGHAI China's central bank stepped in to urge major commercial banks to lend to non-bank financial institutions on Thursday afternoon after many suspended interbank operations amid tight liquidity conditions, Caixin reported on late on Thursday. ( read original story ...)
BRIEF-Shanghai Pudong Bank gets banking regulator and c.bank's approval to issue bank debenture
* Says it gets banking regulator and PBOC's approval to issue bank debenture worth up to 50 billion yuan ($7.19 billion) Source text in Chinese: bit.ly/2gRl90F Further company coverage: ($1 = 6.9550 Chinese yuan renminbi) (Reporting by Hong Kong newsroom ... ( read original story ...)
Small investors’ losses continue to pile up as stock recovery hopes fall flat
The stock market has given mainland individual equity investors another cold shoulder, despite their pinning high hopes on a strong rebound to recover part of the losses they suffered at the beginning of the year. The benchmark Shanghai Composite Index has ... ( read original story ...)
Shanghai stock exchange, china financial futures exchange and deutsche börse agree on joint venture gbp vs usd bloomberg
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture Deutsche Börse: Shanghai Stock Exchange, China ... ( read original story ...)
Shanghai Metal Corporation offers reliable metal coated industrial components
Shanghai Metal Corporation supplies high-quality coated metal products to different industries. It utilizes fastest shipping options to deliver products on time. Many industries have to depend on the steady flow of coated metallic accessories for different ... ( read original story ...)
Year in Review: Mobility and FinTech By Way of Events
Both of those financial services giants essentially set the stage for ... of Samsung Pay A few months later we made our way to China for Mobile World Congress Shanghai. Identity and personalization were top topics at the biggest mobile event in Asia ... ( read original story ...)