China's central bank still has many policy tools to guide yuan expectations and the currency is unlikely to have persistent sharp depreciation, a former People's Bank of China (PBOC) official said. ( read original story ...)
China central bank rolls over policy loans for liquidity, keeps rate unchanged
China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month on Monday, largely in line with market expectations.The People's Bank of ... ( read original story ...)
Chinese PV Industry Brief: Canadian Solar suspended Shanghai IPO
Canadian Solar was suspended IPO plans to list shares in Shanghai by authority, while polysilicon supplier GCL Tech revealed plans to move from the Hong Kong Stock Exchange to either the Shanghai or ... ( read original story ...)
China’s Stock Mkts Closed Updates: SSE Index +1.84%, SZSE Index +2.81%, HSI +1.21%, total trading amount to USD 146 bln
Shanghai Composite Index closed at 3,071.99, up 1.84%, Shenzhen Component Index finished at 11,121.72, up 2.81%, the Hang Seng Index closed at 16,587.69, up 1.21%. The trading volume for three ... ( read original story ...)
Russians lose access to some banking services in Hong Kong due to Western sanctions over Ukraine
HSBC sends out letter, seen by Post, saying lender unable to provide investment services to Russian nationals who are not European Union residents While HKMA notes local banks can ignore unilateral ... ( read original story ...)
Shanghai’s Financial Turnover Surges Nearly Five Times to USD350.1 Trillion in Decade
Shanghai's financial market turnover jumped almost five times to CNY2,511 trillion (USD350.1 trillion) last year from a decade earlier as the eastern city is becoming an increasingly important ... ( read original story ...)
Contamination report sparks Shanghai rush for bottled water
Shanghai took emergency measures to secure its water supply because contamination from the sea forced authorities to cut delivery from two key reservoirs temporarily, the Beijing-based Caixin Global ... ( read original story ...)