China's stock market has been recovering steadily this year after market turmoil starting from the summer of 2015 once sent the major index below 3,000 points. The benchmark Shanghai Composite Index closed 0.14 percent higher Friday, at 3,432.67 points ... ( read original story ...)
China Eases Limits on Foreign Stakes in Financial Firms
Peter L. Alexander, the founder and managing director of Z-Ben Advisors, a Shanghai financial consulting firm, said that because Chinese investors tend to have large holdings in relatively simple money market funds and have not yet shown much interest in ... ( read original story ...)
China widens foreign access to its giant 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 ... ( read original story ...)
China lifts foreign ownership limits on financial firms
“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 ... ( read original story ...)
Insurers lead Hong Kong stocks higher as China eases financial industry access for foreign investors
Hong Kong stocks recouped all of the early losses by Friday afternoon, as Chinese insurers jumped after China said it will substantially ease access to its financial industry ... In the mainland, the Shanghai Composite Index dropped 0.1 per cent to ... ( read original story ...)
Invesco Shanghai WFOE secures Private Fund Management license in China
The comprehensive Shanghai-based team comprises investment and sales professionals ... for shares in a fund nor is it to be construed as an offer to buy or sell any financial instruments. Nor does this constitute a recommendation of the suitability of ... ( read original story ...)
China announces major steps to open its financial sector
China will significantly ease market access to the financial sector, reduce tariffs on cars ... After reopening following the lunchtime break, the benchmark Shanghai Composite Index is edging higher in afternoon trade. For the week, CSI300 gained 3 ... ( read original story ...)