BEIJING/SHANGHAI -- China's de-facto takeover of Anbang Insurance Group shows the government will take any steps necessary to stave off shocks to the financial system, suggesting even tougher times await financial conglomerates with massive overseas ... ( read original story ...)
Major reason for imbalances in world is financial bubbles: Chinese Economist Andy Xie
Andy Xie is a Shanghai-based independent economist specialising in China and Asia, and writes, speaks and consults on global economics and financial markets. According to Xie, the key for all developing economies in East Asia is to trade among themselves ... ( read original story ...)
Upper riverside 3 br apt lujiazui line4@tangqiao
Under the financial strategy of the great powers, Lujiazui, Shanghai, is undoubtedly the most striking financial spectacle at the turn of the century. A short period of twenty years, from a backwater rapid rise, construction of Shanghai international ... ( read original story ...)
China securities regulator proposes to delay IPO reform
China announced plans in 2015 to shift to a U.S.-style registration system for stock market flotations on the Shanghai and Shenzhen exchanges. The State Council is awaiting approval from the National People’s Congress, or parliament, on the IPO reform ... ( read original story ...)
Regulator in China seizes control of Anbang as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd, one of China’s biggest insurance conglomerates, in a dramatic move that underscores Beijing’s intent to crackdown on financial risk. ( read original story ...)
Yintech Announces Management Change
SHANGHAI, Feb. 22, 2018 — Yintech Investment Holdings Limited ... today announced that Mr. Jingbo Wang has resigned as Chief Financial Officer due to personal reasons. The resignation is effective on February 22, 2018. Mr. Hongchen Yu, Yintech's ... ( read original story ...)
What Is The Value Of China’s Stock Market?
The Shenzhen and Shanghai stock exchanges miserably fail to capture China’s spectacular growth. No, investors would rather not go near a market with sloppy regulations and too much government interference. Ages, the world waited for this moment. ( read original story ...)