Tag: stock market

BOAO, China—China’s central bank governor pledged to expand foreign access to the country’s banking, securities and insurance sectors this year and open a trading link between the Shanghai and London stock exchanges ... up to market-opening promises ... ( read original story ...)

SHANGHAI—China has pledged to launch a stock trading link between Shanghai and London by the end of this year, taking a fresh step towards opening up its financial markets and providing the U.K. with a vote of confidence ahead of Brexit. The plan ... ( read original story ...)

while options traded on the Shanghai Stock Exchange have also witnessed rapid growth recently. The suspension comes after signs that options in the OTC market, which change hands among institutions including commercial banks, private funds and brokerages ... ( read original story ...)

The program with London Stock Exchange Group 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 connect between ... ( read original story ...)

and also will "strive" to establish a similar link between Shanghai and London this year. Central Bank Governor Yi Gang also said China would move ahead with plans to remove limits on foreign shareholdings in Chinese financial institutions. Foreign firms ... ( read original story ...)

A China Construction Bank branch on Kiukiang Road, Shanghai, is being touted as the first "unmanned bank" on the Chinese mainland with its opening on April 9, 2018, reports the Shanghai Observer. Instead of being approached by human personnel, the bank ... ( read original story ...)

SHANGHAI (Reuters) - China’s central bank said it will skip open market operations on Wednesday as liquidity levels in the banking system were “relatively high”. On a net basis, the People’s Bank of China (PBOC) will drain 20 billion yuan ($3.18 ... ( read original story ...)