BRIEF-Bank of Shanghai to pay annual div for FY 2016

April 24Bank of Shanghai Co Ltd : * Says it plans to pay annual cash dividend as 5 yuan(pre-tax) per 10 shares and use additional paid-in capital to distribute 3 new shares for every 10 shares as FY 2016 div payment Source text in Chinese: ... ( read original story ...)

Is China Trying To (Slowly) Burst Another Stock Market Bubble?

each time the Shanghai Composite dropped over 1% (red dotted line) it was miraculously lifted to ensure it closed with a loss less than 1%... As Bloomberg reports, authorities favor a steady stock market because it helps companies fund investment and repay ... ( read original story ...)

China bank regulator probes borrower guarantee chains: document

SHANGHAI China's banking regulator has asked lenders to look into the guarantee chains of its borrowers, according to a document seen by Reuters, the latest in a slew of policy initiatives to reduce the risk of defaults snowballing through the financial ... ( read original story ...)

China's Stocks Refuse to Drop More Than 1%

Shanghai gauge has longest stretch without 1% fall since 1992 CSRC said to seek market stability by limiting index losses In a Chinese stock market where superstition and government intervention often count for more than economic fundamentals, unusual ... ( read original story ...)

Market quiz: Why do Chinese stocks not fall more than 1%?

The theory may have merit: China’s securities regulator has this year sought to stabilize the stock market by limiting the extent of declines in the Shanghai Composite, according to people familiar with the strategy, who asked not to be identified ... ( read original story ...)