Daily archives: June 2nd, 2016

Shanghai-Hong Kong Stock Connect

Northbound stock trade sees a net fund inflow of 1.21 billion yuan The Shanghai – Hong Kong Stock Connect saw a net fund inflow of 1.21 billion yuan for northbound trade on Thursday. The Shanghai…


Private securities funds unwelcomed by the New Third Board

The national market for the exchange of shares in non-publicly traded companies will stop approving private securities funds to list on the National Equities Exchange and Quotations (NEEQ), better known as the New Third Board…


Alibaba and Suning unveil further collaboration

China’s biggest online commerce company Alibaba Group and Suning, China’s leading electronics and home-appliance provider, announced to co-invest 5 billion yuan ($760 million) for the upcoming “6.18 shopping festival” and another 10 billion yuan ($1.52…


FINTS LUNCH TRAY (2 Jun 2016)

* Hong Kong’s Ming Pao newspaper said the Shenzhen- Hong Kong Stock Connect could be announced in the next two months *Outstanding amount of margin financing in two exchanges as of June 1 increased 2.92…


Zoomlion unsuccessful bid not due to foreign exchange policy

China’s foreign exchange regulator said on Wednesday that Zoomlion Heavy Industry Science and Technology Co Ltd’s unsuccessful bid to acquire U.S. Terex Corp has “nothing to do with the country’s foreign exchange management policy”. When the Changsha,…