China's biggest four state-owned banks, including Industrial and Commercial Bank of China Ltd and China Construction Bank Corp, said they would actively respond to the policy and were promoting the ... ( read original story ...)
China cutting mortgage rates by end-October as cities ease home-buying curbs
Adding to such efforts, Guangzhou city announced Sunday the lifting of all restrictions on home purchases, while Shanghai and Shenzhen said they would ease restrictions on housing purchases by ... ( read original story ...)
China’s central bank cuts existing mortgage rates amid efforts to support property market
China's central bank on Sunday adjusted the pricing mechanism for mortgage rates, as the country aims to lower the financial burden on property owners. In accordance with the central bank's guidance, ... ( read original story ...)
China launches late stimulus push to meet 2024 growth target
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed at bolstering faltering economic growth. ( read original story ...)
Shanghai Stock Exchange to run test after transaction delay
China's Shanghai Stock Exchange will run tests on its auction and various other platforms on Sunday, the state-run Securities Times reported on Saturday, a day after an unexplained transaction delay. ( read original story ...)
Shanghai bourse experiences irregularity
Shanghai stock exchange said on Friday that the bourse had abnormal and slow transactions in stock auctions since market opening. The bourse said it ( read original story ...)
Shanghai exchange apologises for slowdown as demand soars
SHANGHAI: The Shanghai Stock Exchange apologised on Friday ... as flagged on Tuesday — releasing an estimated $142.6 billion in liquidity into the financial market. However, officials in the mainland ... ( read original story ...)