Onshore money managers sold 1.6 trillion yuan (US$248 billion) of newly launched funds, an all-time high for the first half, according to the Securities Times. ( read original story ...)
Postal Savings Bank of China suspends new precious metals account openings
The Postal Savings Bank of China said it suspended new openings for accounts to trade the spot precious metals market, citing price fluctuations and as elevated trading risks. SHANGHAI, July 5 ... ( read original story ...)
Height-of-luxury property offers commanding views of Shanghai
Domestic high-end hotel brand J Hotel Shanghai Tower, the highest hotel in the world, officially opened to the public on June 19. Located Tower, the tallest skyscraper in China and second-tallest in ... ( read original story ...)
Shanghai: Balance of credits witness upsurge last month
The balance of credits in Shanghai hit 8.96 trillion yuan (about USD1.39 trillion) at the end of last month, it augmented 10.6 percent from the same ... ( read original story ...)
Combating Speculation, Stabilizing Prices: Financial Battles at the Start of Shanghai’s Liberation
At the beginning of its liberation in 1949, Shanghai’s economic order was severely damaged amid rampant speculation and soaring prices. Faced with this difficult problem, the Communist Party of China ... ( read original story ...)
STAR Market Daily: STAR 50 falls 2.64%, RMB 56.5 bln traded
Shanghai Stock Exchange STAR 50 closed at 1,538.16 on Friday. The STAR Market recorded a total trading volume of 1 bln shares with a turnover value of RMB 56.5 bln, up 2.5% from yesterday. ( read original story ...)
China stocks fall most in 4 months amid growth concerns
China's blue-chip index closed nearly 3% lower to mark its worst day in nearly four months, as investors dumped shares across the board on growth concerns, a day after China's Communist Party ... ( read original story ...)