Daily archives: July 19th, 2016

FINTS EVENING HIGHLIGHTS (19 July 2016)

The Beijing-Shanghai High-Speed Railway Co. in 2015 earned a profit of 6.58 billion yuan out of operating revenue of 23.42 billion yuan: report China will relax restrictions on foreign enterprises investing in its free trade…


CHINA VANKE’ S A-SHARES MAY FACE GREATER DOWNSIDE RISK

A-shares of China Vanke Co. closed down 2.57% to 17.43 yuan per share on Monday, the lowest closing price since its trading resumption on July 4. As of yesterday, 77 billion yuan has been lost…


NUMEROUS FOREIGN CAPITALS POUR INTO CHINA BOND MARKET

Morgan Stanley, a multinational financial services corporation, released a report on Jul 18, noting that overseas investors have bought $6.1 billion China bonds in Jun on a net basis, marking the highest monthly investment since…


CHINA STOCK MARKET ROUNDUP (19 JULY 2016)

China’s stock market closed mixed on Tuesday, with small-cap stocks in Shenzhen outperforming large-cap shares in Shanghai. By the close, the Shanghai Composite Index edged 0.23% lower, to 3,036.6 points, while the Shenzhen Component Index…


BAIDU UNDER SCRUTINY AGAIN OVER ONLINE GAMBLING ADS AND CONTENT

Baidu has again, recently come under media scrutiny after a series of tightening measures have been imposed by authorities following the death of a college student in April due to an unsuccessful experimental cancer treatment…


FINTS LUNCH TRAY (19 July 2016)

Outstanding amount of margin financing in two exchanges as of July 18 increased 1.663 billion yuan to 876.355 billion yuan PBOC will inject 60 billion yuan into the financial system via its seven-day reverse repurchase…


ANALYSTS EXPECT CHINA TO SHUT DOWN 2G NETWORKS BY 2020

As more Chinese mobile subscribers have converted to 4G services by discarding traditional 2G services, analysts now expect that this trend would quicken telecom carriers’ step to shut down their 2G networks, and step up…


PROPERTY DEVELOPERS EYE LIMITED NEW LAND PARCELS AMID SOARING HOME PRICE

Land kings appeared frequently in the first half of 2016, hitting 219 plots over the first-tier and dominant second-tier cities, which prompted real estate companies to strive for new land parcels amid the short supply…


CHINA TO ESTABLISH IMMIGRATION OFFICE TO ATTRACT FOREIGN TALENT

As the Chinese government seeks to continue attracting foreign talent, the country will soon set up its first immigration office, according to sources close to the matter. In particular, the new immigration office would reportedly…


FINTS MORNING BRIEF (19 JULY 2016)

Li Keqiang will attend the “One Plus Six” Round-Table Dialogue on July 22, discussing on the issues including economic growth, structural reform, trade, finance, development and employment: Xinhua News Agency The CPC Central Committee and…