Tag: 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 ...)

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 ...)

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 ...)

China Construction Bank (CCB), the nation’s second largest lender by assets, opened one in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent (AI) and virtual reality (VR). Hyped as a first for the ... ( read original story ...)

Yi Gang, governor of the People's Bank of China, confirmed the timetable for the London-Shanghai Stock Connect in a speech on Wednesday. The project is modeled on mechanisms that already link Hong Kong's market to exchanges in Shanghai and Shenzhen. ( read original story ...)

Stocks in Shanghai rose as concern over the U.S.-China trade dispute eased. Hong Kong Exchanges & Clearing Ltd., operator of the city’s bourse, gained as much as 3.7 percent. “China is set to accelerate efforts to open up its financial sector ... ( read original story ...)

China’s second largest lender has opened a branch staffed by two robots and no humans after cutting nearly 10,000 workers last year. China Construction Bank (CCB) claims its new branch on Shanghai’s Jiujiang Road is the country’s first fully ... ( read original story ...)