Op-Ed: Shanghai Stock Exchange trading has its own timing logic

Stock you buy today cannot be sold until tomorrow ... These are structural factors that impact the Shanghai market. In this environment the key focus is on the strength of support levels in the Shanghai Index. Traders watch for consolidation support ... ( read original story ...)

BRIEF-Shanghai Baolong Automotive sets IPO pricing

* Says it plans to issue up to 29.3 million shares at 22.87 yuan per share to raise up to 670 million yuan ($97.07 million) for its Shanghai IPO Source text in Chinese: bit.ly/2pUTdw9 ($1 = 6.9021 Chinese yuan renminbi) (Reporting by Hong Kong newsroom ... ( read original story ...)

Shanghai Banks Raise Rates for First-Time Homebuyers

and Bank of Communications — most lenders in Shanghai have lowered their discounts on the central bank’s long-term benchmark lending rate from 10% to 5%. The rate currently is 4.9% for loans with a maturity of more than five years, a banker responsible ... ( read original story ...)