Shanghai Pudong Development Bank (SPD Bank) announced Wednesday that it had established a branch in Singapore. The Singapore branch is the first overseas branch of SPD Bank and will spearhead its internationalization strategy, especially in Southeast Asia ... ( read original story ...)
Shanghai exchange freezes broker account after sell-off causes two major stocks to plunge
The Shanghai Stock Exchange suspended an unnamed brokerage’s trading account on Wednesday for causing share-price plunges in two of the country’s bluechip stocks, as the regulator’s intensified its moves to clamp down on market manipulation. ( read original story ...)
China tells banks to come clean on misdemeanors: sources
SHANGHAI China's banking regulator has told lenders to conduct checks on improper trading, incentives, innovation and charges, according to a document seen by Reuters. The move is the latest in a flurry of orders from the regulator after Guo Shuqing took ... ( read original story ...)
Under 'Connect' scheme, Chinese stock speculation spreads to Hong Kong
SHANGHAI Recent wild rides by China companies ... from getting hurt by speculative inflows. The Hong Kong Stock Exchange (0388.HK) maintains it can deal with any issues. LOTS OF TOOLS "The market has some new participants and market dynamics may reflect ... ( read original story ...)
CORRECTED-China to allow policy banks to issue bonds on Shenzhen stock exchange
Currently, such bonds can only be issued and traded on the interbank bond market and the Shanghai Stock Exchange. China's securities regulator and central bank have approved expansion of this trading in a bid to further develop the country's debt market ... ( read original story ...)
Singapore and Shanghai institutions ink agreements to enhance collaboration in the financial sector
SINGAPORE: Singapore and Shanghai are enhancing partnerships to promote cross-border collaboration in the financial sector. Institutions from the two cities inked a total of nine agreements on Wednesday (Apr 12) that will facilitate further exchange ... ( read original story ...)
Singapore, China's Shanghai vow to promote financial collaborations
The Monetary Authority of Singapore (MAS) and Shanghai Municipal Financial Services Office (SFSO) held the 3rd Singapore-Shanghai Financial Forum (SSFF) on Wednesday to promote financial linkages and collaborations between Singapore and China's Shanghai. ( read original story ...)