CCP12 opens in Shanghai

It also supports the gradual application of practices that will see Shanghai's financial sector comply with global standards. Currently, it has 35 member institutions, including London Clearing House, Nasdaq Clearing AB, and Shanghai Clearing House. ( read original story ...)

China’s IPO craze a hurdle for new financial market reform

During the past decade, the Shanghai and Shenzhen stock exchanges also implemented ... The CSRC also halted IPOs between July and November in 2015, following a stock market rout in June of that year that evolved into a threat to the mainland’s financial ... ( read original story ...)

China Said to Relax Index Futures Curbs as Market Steadies

China’s stock-index futures market, the most active in the world before the 2015 ... that track domestic Chinese shares currently need pre-approval from exchanges in Shanghai and Shenzhen. MSCI Inc. has cited the requirement as a reason for excluding ... ( read original story ...)

Lujiazui lures financial talent with London trainee program

Participants of a financial talent training program based in London is partially run by Shanghai's financial hub Lujiazui. [Photo provided to chinadaily.com.cn] Shanghai's financial hub Lujiazui has begun accepting applications for its financial talent ... ( read original story ...)

Shanghai mapping a course for freer trade, less fraud

CONTINUED reforms in Shanghai’s financial system are high on the agenda as the city forges ahead with plans to become a global financial and commercial hub. Those reform proposals include tariff reduction in the city’s pilot Free Trade Zone and tighter ... ( read original story ...)