HONG KONG/SHANGHAI (Reuters) - The People’s Bank of China will sell 30 billion yuan ($4.26 billion) of offshore yuan-denominated bills in Hong Kong on August 14, it said on Tuesday. The PBOC is ... ( read original story ...)
Bank suspends North Point services
The Shanghai Commercial Bank announced the temporary closure of its North Point branch and Victoria Centre branch until further notice. Customers are being advised to use the internet/ mobile banking ... ( read original story ...)
WRAPUP 5-China says U.S. currency manipulator labelling could cause chaos in financial markets
BEIJING/SHANGHAI, Aug 6 (Reuters) - China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and ... ( read original story ...)
WRAPUP 4-China says U.S. currency manipulator labeling could cause chaos in financial markets
state media accuse U.S. of destroying international order BEIJING/SHANGHAI, Aug 6 (Reuters) - China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator ... ( read original story ...)
Investors Beat Quick Retreat From China’s Riskiest Stock Board
Investors abruptly retreated from one of the Chinese stock market’s most speculative venues ... average of 116 times earnings compared with 13 times for the Shanghai Composite. "The Star market has ... ( read original story ...)
Shiny Shanghai tech market needs a reality check
HONG KONG, Aug 5 (Reuters Breakingviews) - China's hot new technology market could use a reality check. In its first week of normal trading, the Shanghai Stock Exchange's so-called STAR board saw ... ( read original story ...)
China central bank says will deepen regional financial reforms
and a pilot on enhancing the yuan’s convertibility in Shanghai’s free trade zone, it said. Efforts to deal with financial risks in Wenzhou in the eastern province of Zhejiang have led to a ... ( read original story ...)