China to cut bank reserve threshold

Beijing/Shanghai — China’s central bank says it is to reduce the amount of cash that lenders must hold as reserves from 2018, with the size of the cut linked to the flow of funding to parts of the economy where credit is scarce. The targeted measures ... ( read original story ...)

Shanghai Baolong Automotive Corp (603197) Plunged -0.17% on Oct 2

For some reason, Asia is nothing without the Chinese economy. One of the reasons that China is constantly thriving is its equity market, led by the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange. Shanghai Baolong Automotive Corp was welcomed ... ( read original story ...)