Finance

Finance

Shanghai shares end higher

Central government encourages private funds to invest in the telecommunication sector while the Chinese central bank  boosts liquidity in the financial market.
Finance

Three Chinese insurance firms banned from issuing new produc

China's insurance regulator said Monday that it has banned three life insurance firms from issuing new products in the next six months.
Finance

Shares in SOEs to help support pension system

China has announced a pilot program to help pension schemes meet growing pressure from an aging society by transferring shares of state-owned enterprises to social security funds.
Finance

Amended rules to regulate securities trading

China will implement the amended securities rules starting January 1, 2018.
Finance

Shanghai stocks post the worst weekly performance in 3 months

Shanghai stocks fell on Friday, marking the worst week of the past three months amidst weak industrial figures and tightening liquidity.
Finance

Chinese banks post net forex buy for second straight month

Chinese banks recorded the second straight month of net foreign exchange purchase in October as cross-border capital flows stabilized, official data showed yesterday.
Finance

Shanghai shares dip on economic uncertainties and rising interest rates

The decline marks a three-day decline, suggesting investors still hold a wait-and-see stance
Finance

Foreign banks welcome China's long-awaited opening of its financial sector

Relaxed foreign-ownership limits for financial institutions are applauded by overseas lenders, as it marks a big step in the opening  of China's economy.
Finance

Shanghai shares extend losses on slowing industrial output data and profit-taking

Six-day rebound gives way to profit-taking by investors
Finance

For companies, a hard slog to share sales

Companies in China that want to raise money by selling shares and going public have to run the gauntlet of tighter scrutiny nowadays.
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