The program with London Stock Exchange Group (LON:LSE) Plc would be the third system to give foreigners access to the mainland equity market, the world’s second biggest by value. A link between Shanghai and Hong Kong started in November 2014, and a ... ( read original story ...)
Soft Start Seen For China Stock Market
The China stock market has climbed higher in three straight sessions, gathering almost 80 points or 2.6 percent along the way. The Shanghai Composite Index now rests just beneath the 3,210-point plateau although the wheels may come off on Thursday. ( read original story ...)
London-Shanghai stock trading partnership set to go ahead this year, according to People’s Bank of China governor
Yi Gang, the governor of the People’s Bank of China, said at the Boao Forum for Asia today that the London-Shanghai Stock Connect programme would aim to launch in 2018. It would allow UK investors access to China's market, and Chinese investors to ... ( read original story ...)
F1 Shanghai: Ferrari (NYSE:RACE) and MercedesAMG on Top of Times Sheets
MercedesAMG’s Lewis Hamilton led Ferrari’s (NYSE:RACE) Kimi Raikkonen through both of Friday’s FP (practice) sessions ahead of the 2018 Formula One Chinese Grand Prix. The drivers battled wet and windy conditions at the Shanghai International ... ( read original story ...)
Hamilton just ahead in tight second practice in Shanghai
Lewis Hamilton led the way again in the second Friday free practice session ... The forecast rain had continued to hold off over lunchtime in Shanghai, although conditions remained grey and overcast. Of more trouble to the drivers was the strong headwind ... ( read original story ...)
China shares mixed at close of trade; Shanghai Composite down 0.60%
Banking and Travel & Leisure sectors led shares lower. At the close in Shanghai, the Shanghai Composite lost 0.60% to hit a new 1-month low, while the SZSE Component index added 1.19%. Advancing stocks outnumbered falling ones by 953 to 387 and 30 ended ... ( read original story ...)
China’s central bank to relax commercial banks’ deposit rate ceiling: sources
HONG KONG/SHANGHAI (Reuters) - China’s central bank will relax its informal guidance for the upper limit of commercial banks’ deposit rates, facilitating the market liberalization of interest rates, three sources with knowledge of the matter told ... ( read original story ...)