Morgan Stanley forecasts 4,400 on the Shanghai Composite Index by later this year, up about 37% from today, according to Bloomberg. The MSCI China 14-day relative strength indicator hit 78.8 on Monday, while 70 normally is the level when the market is seen ... ( read original story ...)
China won't roll over TLF loans due Thursday at some banks – sources
SHANGHAI Temporary liquidity facility (TLF) loans maturing in China on Thursday will not be rolled over at some major Chinese commercial banks, two banking sources with direct knowledge of the matter said. The central bank introduced the new loans ... ( read original story ...)
Chinese Stocks Are Looking Great Right Now
No matter what you would like to call it, Trump trade or wall of worry, the fact of the matter is that China’s stock market is heading higher. The Shanghai exchange, which is shown on the chart, made a silent but important breakout in November last year ... ( read original story ...)
Pudong gives startups strong financial support
The data placed the area first amongst Shanghai's districts and helps to demonstrate the extent to which Pudong is acting in the financial interest of small local businesses. The increase in loans can be attributed to the decision of Pudong authorities to ... ( read original story ...)
China Stock Market In A Perfect Silent Uptrend, Long Term Bullish
No matter what you would like to call it, Trump trade or wall of worry, the fact of the matter is that China’s stock market is heading higher. The Shanghai exchange, which is shown on the chart, made a silent but important breakout in November last year ... ( read original story ...)
Banks raise interest on yuan deposits
The Hongkong and Shanghai Banking Corporation has raised its interest rate on yuan time deposits to as much as 3.8 percent amid fears that China might squeeze yuan supply to defend its currency.It has lifted its annualized interest rate on six-month yuan ... ( read original story ...)
Trump’s gestures towards China, international fund inflows boost Hong Kong market turnover
The two stock connect schemes link the Hong Kong stock market to the Shenzhen and Shanghai stock markets and allow investors access to stocks on each side subject to quotas. The flow of funds into Hong Kong market is also related to some mainland ... ( read original story ...)