Markets

PBOC Curbs on Arbitrage Funds Shorting Yuan Have No Effect on Demand

PBOC Curbs on Arbitrage Funds Shorting Yuan Have No Effect on Demand

PBOC Curbs on Arbitrage Funds Shorting Yuan Have No Effect on Demand

Aug 18, 2018
Xu Wei
PBOC Remains Hands Off as Yuan Slips Past 6.9 Versus Dollar

PBOC Remains Hands Off as Yuan Slips Past 6.9 Versus Dollar

Even as the yuan continues to tumble against the dollar, the Chinese central bank will abide by its pledge not to intervene with the currency, according to several market insiders.

Aug 16, 2018
Xu Yanyan & Wang Tianran
China Dumped US Treasury Bonds in June But Remained Largest Creditor

China Dumped US Treasury Bonds in June But Remained Largest Creditor

China shed USD4.4 billion worth of United States Treasury Bonds in June, but remained the biggest creditor to the world’s largest economy.

Aug 16, 2018
Xu Wei
Beijing to Broaden Foreigners’ Access to Mainland Shares From Sept. 15

Beijing to Broaden Foreigners’ Access to Mainland Shares From Sept. 15

(Yicai Global) Aug. 16 -- China’s securities regulator is planning to allow more foreigners to open mainland share accounts starting from Sept. 15.

Aug 16, 2018
Xu Wei
Hong Kong Breaks Months' Peace to Intervene in Forex Rate Decline, Hang Seng Slides

Hong Kong Breaks Months' Peace to Intervene in Forex Rate Decline, Hang Seng Slides

Hong Kong's monetary authority intervened in the exchange rate of the Hong Kong dollar for the first time since May…

Aug 15, 2018
Zhou Ailin
MSCI Moves Ahead With Next Phase of Chinese Equity Inclusions

MSCI Moves Ahead With Next Phase of Chinese Equity Inclusions

Global index compiler MSCI will proceed with a planned second phase of partial inclusion of mainland Chinese equities to benchmarks,…

Aug 14, 2018
Xu Wei
China’s Push for Inclusive Finance Is Progressing Steadily, PBOC Says

China’s Push for Inclusive Finance Is Progressing Steadily, PBOC Says

Chinese services aimed at making finance more inclusive developed steadily last year, with the number of unbanked citizens becoming almost…

Aug 14, 2018
Tang Shihua
CSRC Fines Pharma Share Fiddler, Fingers Film Star

CSRC Fines Pharma Share Fiddler, Fingers Film Star

The China Securities Regulatory Commission punished a huge stock price manipulator last week. Gao Yong, a natural person, used 14…

Aug 14, 2018
Wang Juanjuan & Yuan Ziyi
China Huarong Projects a Drop in Profits Due to Loans, Bear Market

China Huarong Projects a Drop in Profits Due to Loans, Bear Market

China Huarong Projects a Drop in Profits Due to Loans, Bear Market. State-owned bad-debt manager China Huarong Asset Management warned…

Aug 14, 2018
Liu Jing
Chinese Cheats Play Plane Ticket Tricks as Trump Trashes Turkey's Lira

Chinese Cheats Play Plane Ticket Tricks as Trump Trashes Turkey's Lira

Reports have swirled online since the weekend that if one buys a ticket on the international website of Ctrip.Com International,…

Aug 14, 2018
Chen Shanshan & Yue Yan
China Literature Buys New Classics Media for USD2.25 Billion

China Literature Buys New Classics Media for USD2.25 Billion

Online literature platform China Literature plans to buy New Classics Media lock, stock and barrel for up to CNY15.5 billion (USD2.25 billion), it said in a statement yesterday.

Aug 14, 2018
Xu Wei
Podcaster Ximalaya FM Denies USD581 Million Funding From Tencent, Goldman Sachs

Podcaster Ximalaya FM Denies USD581 Million Funding From Tencent, Goldman Sachs

Chinese audio sharing platform Ximalaya FM has rebutted claims that it has secured a funding worth CNY4 billion (USD581 million).

Aug 13, 2018
Liao Shumin

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