China's central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions to 7% from 5%, effective on June 15. ( read original story ...)
Shanghai Electric Dives as Firm Warns of USD1.3 Billion Losses due to Unit’s Unclaimed Bills
Shanghai Electric’s Shanghai stock [SHA:601727] crashed 10 percent to CNY4.61 (USD0.72). Its Hong Kong-listed shares [HKG:2727] closed at HKD2.08 (USD0.27). Shanghai Electric Communication Technology, ... ( read original story ...)
Fitch Maintains China Huarong Financial Leasing on RWN
Fitch Ratings has maintained China Huarong Financial Leasing Co., Ltd.'s (Huarong Financial Leasing) Long-Term I ... ( read original story ...)
China stocks post best month in six as policy tightening fears ease; Shanghai Composite index firms at close
The blue-chip CSI300 index rose 0.2 per cent to 5,331.57, while the Shanghai Composite Index firmed 0.4 per cent to 3,615.48. ( read original story ...)
China Stock Market Has A Green Light For Monday’s Trade
The China stock market on Friday wrote a finish to the four-day losing streak in which it had advanced almost 125 points or 3.7 percent. The Shanghai Composite Index now rests just above the ... ( read original story ...)
China’s stock market climbs higher in April
A staff member walks past the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province, Sept. 21, 2020. (Xinhua/Mao Siqian) BEIJING, May 29 (Xinhua) -- Chinese stocks climbed higher last ... ( read original story ...)
Morgan Stanley set to buy larger stakes in China securities, funds joint ventures
With stake sales by China Fortune Securities, Morgan Stanley will be the latest Wall Street bank to seek further control of its Chinese joint ventures as the country’s financial sector further opens ... ( read original story ...)