In November, Singaporean developer CapitaLand Ltd. and sovereign wealth fund GIC Ltd. splashed out 12.8 billion yuan to buy Shanghai’s tallest twin towers in the biggest commercial property purchase ... ( read original story ...)
China Wants Its Stock, Bond Markets to Step Up Funding Role
“We could do more work especially in the capital market -- stock market, bond market -- for direct financing ... an NPC delegate and vice president at Bank of China Ltd. in Shanghai said in an ... ( read original story ...)
Shanghai in No.5 spot among financial hubs
A worker cleans the promenade on the Bund along the Huangpu River in Shanghai. File photo: VCG Shanghai will likely surpass Singapore as the world's fourth-largest financial hub within three years, ... ( read original story ...)
China’s central bank says will gradually set up rules to regulate fintech
SHANGHAI (Reuters) - China’s central bank said on Saturday it will gradually set up a system of rules to regulate fintech, and will fully utilize the technology to optimize the flow of credit and ... ( read original story ...)
Shanghai’s Nasdaq-style tech board to take listing applications from Monday – Shanghai Sec News
SHANGHAI, March 16 (Reuters) - The Shanghai Stock Exchange will start accepting listing applications for its new Science and Technology Innovation board on Monday, putting it on track for a first ... ( read original story ...)
China’s Property Taxman Cometh, Someday
A property tax, while sorely needed ... China doesn't currently tax owners on the value of their properties, except in Shanghai and Chongqing – and even there, it’s limited to luxury homes or multiple ... ( read original story ...)
Chinese stock rebound has fingerprints of retail investors
Shanghai Stock Exchange figures for 2017 show that retail investors accounted for the vast majority of trading accounts and 82 per cent of turnover, and are estimated by Aberdeen Standard Investments ... ( read original story ...)