Tag: stock market

SHANGHAI, Dec 18 (Reuters) - China's main Shanghai stock market slipped slightly on Monday morning, amid concerns over tight year-end liquidity after the central bank lifted interbank market rates. ** The People's Bank of China raised interest rates on ... ( read original story ...)

Shanghai Stock Exchange spreads its net further through joint trading ... since Chinese regulators would have to revisit the framework due to potential changes in legal matters and market sentiment. China is also looking to connect its domestic exchanges ... ( read original story ...)

ANZ Bank completed the sale of its stake in Shanghai Rural Commercial Bank Monday and announced plans for a Aus$1.5 billion (US$1.15 billion) share buyback with the funds. The lender agreed to offload its 20 percent holding in the company earlier this year ... ( read original story ...)

ANZ Banking Group will launch a $1.5 billion share buyback after selling its life insurance unit, its wealth business and a 20 per cent stake in Shanghai Rural Commercial Bank. The sale of the bank stake, first announced in January, was completed on Monday. ( read original story ...)

ANZ today announced it has completed the sale of its 20% stake in Shanghai Rural Commercial Bank (SRCB), originally announced in January 2017. As part of the Group's broader capital management plan, ANZ now intends to buy-back up to $1.5 billion of shares ... ( read original story ...)

rather than letting most of the savings stay in the property market," said Fang. "If we can achieve this, China’s economy will move up to a new level." Talks on the Shanghai-London stock connect scheme, which would allow investors on one bourse to invest ... ( read original story ...)

BEIJING (Reuters) - British finance minister Philip Hammond said that China and the United Kingdom have agreed to accelerate preparations for a London-Shanghai stock connect program. Hammond was speaking at a press conference in Beijing. In September ... ( read original story ...)