SHANGHAI, Dec 15 (Reuters) - China's banking regulator has tightened rules for consumer finance firms, which have grown making small-scale loans to individuals and small companies, the business daily Securities Times newspaper said on Friday. The move is ... ( read original story ...)
China’s central bank moves to modest policy tightening in 2017
SHANGHAI, Dec 14 (Reuters) - China's central bank raised money market interest rates on Thursday hours after the Federal Reserve increased U.S. rates. The People's Bank of China has moved to a slight tightening bias this year following six benchmark ... ( read original story ...)
China central bank raises interest rate on SLF loans: Sources
Shanghai: China’s central bank raised interest rates on its standing lending facility (SLF) short-term loans by 5 basis points on Thursday, sources with direct knowledge of the matter said. The increase came after the People’s Bank of China raised ... ( read original story ...)
China stocks fall after hike in market rates, mixed economic data
The price-to-earnings ratio of the Shanghai index was 14.81 as of the last full trading day while the dividend yield was 2 percent. ** So far this week, the market capitalisation of the Shanghai stock index has risen by 0.46 percent to 28.77 trillion yuan. ( read original story ...)
KraussMaffei to be listed on Shanghai Stock Exchange
Through a future listing on the Shanghai stock exchange, the perception of KraussMaffei will significantly increase in the Chinese market. Chinese investors appreciate German industrial workmanship as well as management competency,” said Jianxin Ren ... ( read original story ...)
China Banking Association Denies Calling for Less Regulation
China Merchants Bank, Shanghai Pudong Development Bank, China Citic Bank, Industrial Bank, Everbright Bank, Minsheng Bank, Ping An Bank, Huaxia Bank, China Guangfa Bank and China Zheshang Bank were the 10 lenders mentioned in the document. In the document ... ( read original story ...)
World’s 2nd-tallest building the Shanghai Tower opens with a whimper after delay
But its size and complexity caused delays in clearing fire safety regulations, partly because no building codes existed for some of its features - despite China's rapid pace of development and push to champion Shanghai as a global financial centre. " ( read original story ...)