Fints Evening Highlights (26 August 2016)

lunch 2

PBOC deputy governor Yi Gang said at a forum focusing on inclusive finance that developing inclusive finance should need to guard against the “financial exclusion” problem China Life Insurance Co, the country’s biggest insurer by…


China Stock Market Roundup (26 August 2016)

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China’s stock market closed higher on Friday after the China Insurance Regulatory Commission, the country’s insurance regulator, said later on Thursday that rumors 600-billion-yuan universal insurance funds will be pulled out of the mainland stock markets…


Fints Lunch Tray (26 August 2016)

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Alibaba’s financial affiliate Ant Financial on Thursday said its popular payment service Alipay has received a third-party payment license in Hong Kong. An official from China’s National Development and Reform Commission said in an article…


Fints Spicy Stats (26 August 2016)

Spicy Stats

The Dow Jones Industrial Average closed 0.18% lower, to 18,448.41 on Thursday; the S&P 500 index was down 0.14% to close at 2,172.47; the Nasdaq Composite Index fell 0.11%, at 5,212.20 Outstanding amounts of margin…


FINTS MORNING BRIEF (26 August 2016)

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In the last 8 consecutive trading days ended August 25, aggregate net capital outflow of A-shares markets has reached 202.9 billion yuan: FINTS Tax deductions will be given to photovoltaic power generation companies and incubators…


Fints Evening Highlights (25 August 2016)

Aug Evening Highlight

High-frequency trading firm IMC is under Chinese authorities’ investigation for its activity in last year’s Chinese stock index futures market: Bloomberg The National Development and Reform Commission said at a news briefing China will deepen…


China Stock Market Roundup (25 August 2016)

lunch 2

China’s stock market closed down on Thursday, as domestic media reported that about 600-billion-yuan insurance funds are expected to be pulled out of the mainland stock markets within five years as a new regulatory rule…


Fints Lunch Tray (25 August 2016)

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The Chinese trust industry’s total assets under management at the end of the second quarter stood at 17.29 trillion yuan, growing by 8.95% from the same period last year: China Trustee Association Chen Yulu, vice…


Fints Spicy Stats (25 August 2016)

Spicy Stats

The Dow Jones Industrial Average closed 0.35% lower, to 18,481.48 on Wednesday; the S&P 500 index was down 0.52% to close at 2,175.44; the Nasdaq Composite Index fell 0.81%, at 5,217.69 Outstanding amounts of margin…


FINTS MORNING BRIEF (25 August 2016)

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Shenzhen Stock Exchange requires securities companies to be ready for the launch of Shenzhen – Hong Kong Stock Connect before November: FINTS Funds invested by insurance company into the mainland A-shares markets account for 1.48%…


Fints Evening Highlights (24 August 2016)

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China’s Ministry of Housing and Urban-Rural Development issued a notice on the promotion of urban underground pipe construction, saying social capital’ participation in urban underground pipe and drainage facility construction will be encouraged China’s first…


China Stock Market Roundup (24 August 2016)

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China’s stock market closed mixed on Wednesday, as small-cap stocks in Shenzhen outperformed heavyweight shares in Shanghai. By the close, the Shanghai Composite Index lost 0.12%, at 3,085.88 points, while the Shenzhen Component Index went…


Fints Lunch Tray (24 August 2016)

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Shanghai plans to cap its permanent resident population at 25 million by 2040, according to a draft document issued by the Shanghai municipal government China plans to close 345 medium and big zombie SOEs in…


Fints Spicy Stats (24 August 2016)

Spicy Stats

The Dow Jones Industrial Average closed 0.1% higher, to 18,547.3 on Tuesday; the S&P 500 index was up 0.2% to close at 2,186.9; the Nasdaq Composite Index rose 0.3%, at 5,260.08 Outstanding amounts of margin…


FINTS MORNING BRIEF (24 August 2016)

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China’s over-the-counter stock market New Third Board is expected to accelerate the reform of market maker system: FINTS A number of leading Chinese papermakers announce to raise paperboard prices: FINTS Fund managers are setting up…