Shanghai Carthane Co Ltd (603037) Plunges -0.89% on Nov 27

Behind this success is the nation’s leading stock exchange, the Shanghai Stock Exchange (SSE). With over 1,000 companies listed on it and a market capitalization of $3.50 trillion as of February, the SSE is the second largest stock exchange in Asia and ... ( read original story ...)

China clamping down on vast shadow banking sector

If tighter regulations squeezes banks' fund flows, "there could be some localized moves to dump sovereign debt," said a trader at a Shanghai bank. Given this potential for turbulence, some doubt that the new regulations will be enforced. In 2013 ... ( read original story ...)

Chengdu aspires to be the financial hub in west China

[Photo by Zhang Lulu/China.org.cn] The financial technology startup BankLink had a choice among Beijing, Shanghai and Chengdu to locate. Despite Beijing and Shanghai being the favorites for many Chinese entrepreneurs, the fintech company eventually ... ( read original story ...)