(Yicai Global) Sept. 30 -- On Sept. 24, Governor of the People's Bank of China Yi Gang said at the first press briefing held to celebrate the 70th anniversary of the People's Republic of China that the country has ample monetary policy instruments, a moderate interest rate and large room for policy change. Monetary policy should remain stable and there is no need to flood the financial system with liquidity, he added.

As of Sept. 25, Chinese asset managers had created CNY140 billion (USD19.7 billion) in new funds, with September the most successful month this year to date in terms of fundraising. Insiders believe that blended funds, real estate regulation, stricter supervision of insurance policies were the main reasons behind the surge this month.

On Sept. 27, UCLoud, expected to be the first company listed on the Chinese mainland with weighted voting rights, underwent its review for the Star Market. Three individual investors with special voting rights will hold 19.4 percent of shares but have a 54.6 percent say in decisions.

On Sept. 27, the National Bureau of Statistics said large Chinese industrial firms earned CNY4 trillion (USD564 billion) in profit during the first eight months, down 1.7 from the year-ago period. The decline was on par with that of the first seven months.

On Sept. 26, China's Ministry of Finance began soliciting public opinions for new accounting rules governing financial firms. The rules mainly prevent institutions from logging excessive loss provisions to hide profits.

On Sept. 28, rail transport for the National Day holiday began. In the proceeding 10 days, some 142 million people are expected to travel on Chinese trains, up 11.4 million or 8.8 percent from the same holiday a year earlier. That works out at around 14.2 million passengers a day.

On Sept. 29, the Ministry of Commerce said China's service imports and exports tallied CNY3.6 trillion (USD501 billion) from January through August, up 3 percent on the year. Exports were up 9.7 percent at CNY1.3 trillion while imports fell 0.3 percent to CNY2.3 trillion

The Shanghai Composite Index closed at 2,932.17 on Sept. 27, falling by 2.5 percent throughout the week. The Shenzhen Component Index slid 3.4 percent to 9,548.96, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, lost 3.4 percent to finish at 1,647.53.