France Will Press China for More Financial Market Access

Le Maire, who visits Beijing and Shanghai this week, will discuss ways to give French ... China earlier this month unveiled a set of financial reforms during a trip by U.S. President Donald Trump to Beijing, while Le Maire’s trip comes ahead of a visit ... ( read original story ...)

China approves five IPO applications

BEIJING, Dec. 2 (Xinhua) -- Chinese securities regulator has approved five IPO applications this week, which will raise up to 3.7 billion yuan (about 559 million U.S. dollars) in the A-share market. Two companies will be listed on the Shanghai Stock ... ( read original story ...)

Minsheng Bank Fined Record $4 Mln for Wealth Management Fraud

In 2012, Huaxia Bank, a midsize commercial bank, blamed an employee at a Shanghai branch for selling unauthorized wealth management products, causing dozens of depositors to lose millions of yuan. The bank eventually reimbursed customers after initially ... ( read original story ...)

Shanghai nickel tumbles on doubts over steel demand

SYDNEY, Nov 28 (Reuters) - Shanghai nickel futures tumbled more than 2 percent in early trade on Tuesday as reforms in China threaten steel-intensive infrastructure projects. ANZ Bank warned that weakness in the stainless steel sector continues to override ... ( read original story ...)