China’s stocks resumed declines on Friday, with the Shanghai benchmark posting a loss for a seventh time in eight days, as investors shrugged off the inclusion of A shares into MSCI’s equity gauges and concerns about a global trade war resurfaced. ( read original story ...)
Shanghai stock exchange adjust pricing mechanism for market close
SHANGHAI, June 1 (Reuters) - The Shanghai Stock Exchange said on Friday it plans to adjust the way closing prices are generated in a bid to adopt international practices and aid price stability. SSE said on its website that it plans to adopt the auction ... ( read original story ...)
The seven oddest things about China’s US$7.4 trillion stock market
... Tokyo Stock Exchange also uses auspicious red to denote stock advances. Forget about the long term, it’s a punter’s market in China. Institutional investors are largely absent from Shanghai, where individuals and day traders make up about 80 per ... ( read original story ...)
Alibaba’s Ant Financial Set to Support Shanghai Pudong Development Bank’s Digital Transformation
Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Wednesday it has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. to support the bank’s digital transformation with Ant Financial ... ( read original story ...)
Ant Financial to support Shanghai Pudong Development Bank’s digital transformation with financial-grade technologies
HANGZHOU, May 30, 2018 /PRNewswire/ -- Ant Financial Services Group ("Ant Financial") has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. ("SPD Bank") to support the bank's digital transformation with Ant Financial ... ( read original story ...)
Chinese regulator assures readiness for financial markets deregulation
a senior securities regulator said at a financial forum in Shanghai. Reuters cited Fang Xinghai, vice chairman of the China Securities Regulatory Commission as saying: "Currently, global institutional investors are generally underweight Chinese assets. ( read original story ...)
Shanghai to simplify registration process for Taiwan businesses
Shanghai will streamline the business registration process for enterprises from Taiwan and support them to be part of the first China International Import Expo, among a host of measures to advance progress toward the country's peaceful reunification. ( read original story ...)