Just as the Shanghai-Hong Kong Stock Connect offered overseas investors access to the mainland China market via Hong Kong, the new Shanghai-London Stock Connect will make China access more readily available to other European investors. This is not to say ... ( read original story ...)
Cornering the market
“The Chinese stock market is going through a W-shape trajectory,” 58-year ... confidently asserting a view that few experts would echo. Shanghai's present-day stock exchange was launched in 1990 and ordinary investors were allowed to invest soon ... ( read original story ...)
China stocks lower at close of trade; Shanghai Composite down 2.53%
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1250 to 124 and 5 ended unchanged. Shares in Songcheng Performance Develop (SZ:300144) rose to 52-week highs; rising 6.13% or 1.27 to 22.00. Shares in Shenzhen Hifuture Electric ... ( read original story ...)
China carries out spot checks on shadow banking – CSJ
SHANGHAI (Reuters) - China’s banking regulator is carrying out nationwide inspections on financial institutions such as trusts to check on their shadow banking and interbank activities, the China Securities Journal reported on Wednesday citing industry ... ( read original story ...)
China $10 Trillion Shadow Bank Crackdown Has Long Way to Go
Banking shares slumped on Tuesday. Industrial & Commercial Bank of China Ltd. lost 2.3 percent as of the 11:30 a.m. break in Shanghai, set for the biggest drop in more than a month, while China Merchants Bank Co. paced declines in Hong Kong with a 1.5 ... ( read original story ...)
New Development Bank eyes bond connect scheme for 5 billion yuan debt sale
“Bond connect is a perfect way to achieve one of our objectives – to broaden and deepen the investor base for us,” he told reporters on the sidelines of the bank’s annual meeting in Shanghai on Monday. The bond issuance, which follows the NDB’s 3 ... ( read original story ...)
China securities regulator vows financial stability ahead of MSCI entry
SHANGHAI (Reuters) - A senior Chinese securities regulator vowed to maintain financial stability and prevent asset price bubbles as the country accelerates the opening-up of its financial markets to foreign investors. The comments by Fang Xinghai ... ( read original story ...)