Markets

Xinjiang’s Cement Industry Looks Set to Swing Into the Black After Three Years of Losses

Xinjiang’s Cement Industry Looks Set to Swing Into the Black After Three Years of Losses

China’s autonomous province of Xinjiang struggles with overcapacity in the cement sector more than any other domestic region and has…

Oct 19, 2017
Dou Shicong
PBOC Injected USD15.15 Billon From Open Market Operation

PBOC Injected USD15.15 Billon From Open Market Operation

China's central bank, the People’s Bank of China (PBOC), poured USD21.21 Billon(CNY140 billion) from the financial system via open market…

Oct 19, 2017
Xu Wei
China's Stock Markets Decline After Urban Fixed Assets Investment Data Released

China's Stock Markets Decline After Urban Fixed Assets Investment Data Released

A-shares in Chinese stock markets slumped, as China's urban fixed assets investment showed the lowest growth since 1999, per National Bureau of Statistics data.

Oct 19, 2017
Xu Wei
Yuan-Dollar Central Parity Rate PBOC Set Decreased 102 points

Yuan-Dollar Central Parity Rate PBOC Set Decreased 102 points

The central parity rate of the yuan (CNY) against the US dollar (USD) was down 102 basis points before the opening of the interbank market on October 17.

Oct 19, 2017
Xu Wei
Qudian's US IPO to Exercise Over-Allotment Option, Shareholder Plans to Sell 1.76 Million Additional Shares

Qudian's US IPO to Exercise Over-Allotment Option, Shareholder Plans to Sell 1.76 Million Additional Shares

Chinese internet financial technology company Qudian Inc. is preparing for an IPO in the US and its shareholder Beijing Kunlun…

Oct 18, 2017
Dou Shicong
Yuan Gains Nearly 1% Against Dollar on China’s Rosy Economic Outlook

Yuan Gains Nearly 1% Against Dollar on China’s Rosy Economic Outlook

With global institutions upbeat about the Chinese economy, China’s yuan has gained nearly 1 percent against the dollar since last month.

Oct 18, 2017
Zhou Ailin
Chinese Online Lender Qudian Raises USD900 Million in New York Stock Exchange IPO

Chinese Online Lender Qudian Raises USD900 Million in New York Stock Exchange IPO

Online consumer lender Qudian Inc. [NYSE:QD] raised USD900 million in its New York Stock Exchange initial public offering, the largest US listing by a Chinese company this year.

Oct 18, 2017
Liao Shumin
China's Online Loans Rise USD36.3 Billion in Third Quarter, With Comprehensive Yields Also Up

China's Online Loans Rise USD36.3 Billion in Third Quarter, With Comprehensive Yields Also Up

China’s online loan sector was stable overall in the first three quarters and, by the end of September, loan balances…

Oct 18, 2017
Zhang Xia
Coke Futures Plunged Down For The Second Day

Coke Futures Plunged Down For The Second Day

Coke futures fell sharply on Wednesday after a slump yesterday.

Oct 18, 2017
Xu Wei
China's Stock Market Mixed On Wednesday, Growth Enterprise Index Down

China's Stock Market Mixed On Wednesday, Growth Enterprise Index Down

The main board in Chinese stock markets closed higher on Wednesday, while the Growth Enterprise Index fell

Oct 18, 2017
Xu Wei
China's Stock Markets Trade Stayed Rangebound

China's Stock Markets Trade Stayed Rangebound

Chinese stock markets rose slightly this morning, the main stock index fluctuated but stayed rangebound.

Oct 18, 2017
Xu Wei
PBOC Injected USD41 Billon From Open Market Operation

PBOC Injected USD41 Billon From Open Market Operation

China's central bank, the People’s Bank of China (PBOC), poured USD45.5 Billon(CNY300 billion) from the financial system via open market…

Oct 18, 2017
Xu Wei

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