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 ...)
Dramatic facelift in Shanghai’s old district
In Shanghai's historic Bund district ... Beside it, a pair of recently completed 590-foot-tall towers overlook the city's colonial-era buildings and the financial district just beyond. These new structures form part of the Bund Finance Centre, a 4.5 ... ( read original story ...)
China Central Bank Boss Renews Warnings About Financial Risk
China’s financial system is becoming significantly more vulnerable ... with 10-year yields down one basis point to 3.88 percent as of 11:14 a.m. in Shanghai, while the cost on five-year notes rose one basis point to 3.95 percent. Hong Kong’s Hang ... ( read original story ...)
Trump, China bank warnings sets Asia markets flat
Seoul lost 0.3 percent, following massive selling by institutional investors. Shanghai stocks shrugged off warnings by China's central bank governor Zhou Xiaochuan about "hidden, complex, sudden, contagious and hazardous" threats to the economy from ... ( read original story ...)
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate ‘zombie’ companies
China's central bank boss spelled out his strategy to prevent a future ... regulation and Communist Party leadership in guiding financial reform, according to the Shanghai Securities News. In warding off systemic financial risks, China should deal with ... ( read original story ...)
Shanghai Working on London Stock Connect
Shanghai and London are working on mutual stock-market access, an arrangement that will be similar to the stock-connect programs between Hong Kong and the Chinese mainland’s two A-share markets, Shanghai Stock Exchange Chairman Wu Qing said. In a recent ... ( read original story ...)
Shanghai Bourse Working on Stock Connect With London
Shanghai and London are working on mutual stock-market access, an arrangement that will be similar to the stock-connect programs between Hong Kong and the Chinese mainland’s two A-share markets, Shanghai Stock Exchange Chairman Wu Qing said. In a recent ... ( read original story ...)