Behind this success is the nation’s leading stock exchange, the Shanghai Stock Exchange (SSE). With over 1,000 companies listed on it and a market capitalization of $3.50 trillion as of February, the SSE is the second largest stock exchange in Asia and ... ( read original story ...)
China raises cap on foreign investments in its mammoth financial sector
"Financial services further opening definitely has been high on our list," said Ken Jarrett, President of American Chamber of Commerce in Shanghai. "It's a step in the right direction. We'll have to see the detailed rules. In China you always have to pay ... ( read original story ...)
China blue chips scale two-year high, banking and energy firms lend support
Shanghai: China's blue-chips index extended its rise on Tuesday to close at a two-year high, aided by robust gains in banking and energy firms, and also drawing strength from the investor confidence that pushed Wall Street to another record overnight. ( read original story ...)
China’s money rates rise as c.bank drains liquidity
SHANGHAI, Nov 10 (Reuters) - China's primary money market rates moved higher on Friday, in spite of a central bank liquidity injection, as cash conditions tightened ahead of business tax payments and the week brought a net liquidity drain. The volume ... ( read original story ...)
China blue chips scale 2-yr high, banking and energy firms lend support
SHANGHAI, Nov 7 (Reuters) - China's blue-chips index extended its rise on Tuesday to close at a two-year high, aided by robust gains in banking and energy firms, and also drawing strength from the investor confidence that pushed Wall Street to another ... ( read original story ...)
Breast milk bank for babies set up in Shanghai hospital
A nurse at the neonatal intensive care unit at Children's Hospital of Fudan University is feeding a premature baby with breast milk. Newborn babies being kept at neonatal intensive care unit of a local pediatric hospital are able to feed on breast milk ... ( read original story ...)
China bars billionaire actress Zhao Wei from stock trading for five years
The regulator stated that the bid made misleading statements and major omissions in disclosures, according to a filing by Zhejiang Sunriver to the Shanghai stock exchange. The bidder’s actions “severely impacted market order, hurt medium and small ... ( read original story ...)