China’s stock market is looking more than a little crook

The once high-flying Shanghai Composite, China’s benchmark stock market index, is looking more than a little ill at present. Here’s the chart. Shanghai Composite Daily Chart It’s one ugly looking chart, with the index breaking below its February low ... ( read original story ...)

China bank goes staffless at a branch; robots replace tellers

At mid-morning on a busy street in central Shanghai, Liang Min, a salesman, has entered a branch of the China Construction Bank (CCB) to withdraw money. “I need 20,000 yuan,” he says. He is talking not to a teller but ‘Xiao Long’ (little dragon), a ... ( read original story ...)

China Offers a Financial Industry Exam in English

Industry exams in English are the latest example of China’s financial opening up ... a senior associate at Shanghai-based consulting firm Z-Ben Advisors, said in an email. “This offers more opportunity for foreign managers to transfer key senior ... ( read original story ...)

High-tech bank without clerks opens in Shanghai

An “unmanned”, fully automated bank outlet that opened on Monday in Shanghai is receiving positive feedback from customers-especially younger ones. The facility, installed by China Construction Bank’s Shanghai branch on Jiujiang Road in the ... ( read original story ...)

China opens up financial institutions to foreigners

Foreign banks and financial services firms will be able to take majority ... and a four-fold increase in the value of stocks that can be traded on existing sharemarket links between Shanghai and Hong Kong each day from May this year. ( read original story ...)