(RTTNews.com) - The win streak has hit 10 sessions for the Chin stock market, which has advanced more than 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,425-point plateau and it's looking at another green ... ( read original story ...)
Shanghai tightens financial sector supervision
Shanghai is considering to increase regulatory function to its existing municipal financial service office and is researching possibilities to set up a specialized financial court to better supervise the financial market, said a senior official on Thursday. ( read original story ...)
Shanghai stocks up for 10th day, consumer firms take breather
The price-to-earnings ratio of the Shanghai index was 15.45 as of the last full trading day while the dividend yield was 1.9 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 1.05 percent to 30.02 trillion yuan. ( read original story ...)
China’s Industrial Bank teams up with Microsoft to build digital and cloud power
Mid-sized Industrial Bank has signed a strategic partnership with Microsoft China in Shanghai to shore up its smart banking capabilities, the latest evidence of mainland Chinese banks embracing technology-driven innovation. The Fujian-based lender would ... ( read original story ...)
Win Streak Likely To End For China Stock Market
(RTTNews.com) - The China stock market has climbed higher in nine consecutive trading days, advancing almost 145 points or 4.2 percent in that span. The Shanghai Composite Index now rests just above the 3,420-point plateau although investors may cash in on ... ( read original story ...)
China’s cyber watchdog scolds Ant Financial over user privacy breach
SHANGHAI, Jan 11 (Reuters) - China's cyber watchdog has scolded Ant Financial, Alibaba's payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system. The Cyberspace ... ( read original story ...)
China Stock Market May Spin Its Wheels On Tuesday
(RTTNews.com) - The winning streak has hit seven sessions now for the China stock market, which has climbed more than 130 points or 4 percent in that span. The Shanghai Composite Index now rests just shy of the 3,410-point plateau although it may run out ... ( read original story ...)