Monthly archives: August, 2016

Fints Evening Highlights (31 August 2016)

The China Insurance Regulatory Commission recently issued its “13th five year” plan  for the country’s insurance industry, saying China’s insurance premium income by 2020 will be reaching 4.5 trillion yuan Microsoft  said that it entered…


China Stock Market Roundup (31 August 2016)

China’s stock market closed higher on Wednesday, as rises in property shares, fueled by the surge of Vanke’s A-shares, offset declines in small-cap stocks. By the close, the Shanghai Composite Index rose 0.35% higher, at…


Fints Lunch Tray (31 August 2016)

Ni Pengfei, an official within the Chinese Academy of Social Sciences, said in an article published on the official China Securities Journal that China’s housing market may see a short-term correction as a whole between…


Fints Spicy Stats (31 August 2016)

The Dow Jones Industrial Average closed 0.26% lower, to 18,454.30 on Tuesday; the S&P 500 index was down 0.2% to close at 2,176.12; the Nasdaq Composite Index fell 0.18%, at 5,229.88 Outstanding amounts of margin financing…


FINTS MORNING BRIEF (31 August 2016)

The China Insurance Regulatory Commission proposes to raise standards for qualifying organizations or individuals to become shareholders of insurance companies: FINTS A state-controlled fund with a planned size of 150 billion yuan initiated by China…


Fints Evening Highlights (30 August 2016)

China aims to build about 15 national manufacturing innovation centers by 2020, according to a document issued by the Ministry of Industry and Information Technology China’s National Development and Reform Commission said in a statement…


China Stock Market Roundup (30 August 2016)

China’s stock market edged higher on Tuesday, with main indexes moving in and out positive territory in a light trading session despite media reports suggesting the Shenzhen-Hong Kong stock connect, the country’s second stock connectivity program,…


Fints Lunch Tray (30 August 2016)

Following successful trials in several free trade zones, China’s top legislature on Monday began its first reading of a draft amendment to the Law on Foreign-Capital Enterprises, the Law on Chinese-Foreign Equity Joint Ventures, the…


Fints Spicy Stats (30 August 2016)

The Dow Jones Industrial Average closed 0.58% higher, to 18,502.99 on Monday; the S&P 500 index was up 0.52% to close at 2,180.38; the Nasdaq Composite Index rose 0.26%, at 5,232.33 Outstanding amounts of margin…


FINTS MORNING BRIEF (30 August 2016)

Unless China’s economic growth is at serious risk of falling below 6.5%, policymakers do not see the need to reduce interest rates or bank reserves: Reuters Private equity fund is expected to participate in the…


Fints Evening Highlights (29 August 2016)

Shenzhen today sold a plot of land with a total construction area of 1.54 million square meters for 31 billion yuan, becoming the most expensive new “land king” in China: Sina News The national railway…


China Stock Market Roundup (29 August 2016)

China’s stock market closed mixed on Monday, with main indexes moving in and out positive territory in a light trading session. By the close, the Shanghai Composite Index edged 0.01% lower, at 3,070.03 points, while the Shenzhen…


Fints Lunch Tray (29 August 2016)

The third batch of free trade zones is expected to be approved within the year, with Chongqing, Sichuan, Hubei, Henan, Guangxi, and Liaoning being the most hopeful candidates: Economic Information Daily China’s debt-to-equity swap scheme,…


Fints Spicy Stats (29 August 2016)

The Dow Jones Industrial Average closed 0.29% lower, to 18,395.4 on Friday; the S&P 500 index was down 0.16% to close at 2,169.04; the Nasdaq Composite Index rose 0.13%, at 5,218.92 Outstanding amounts of margin…


FINTS MORNING BRIEF (29 August 2016)

An individual income tax reform plan was submitted to the State Council, in which includes suggestion of income tax exemption on home loan interest payments: FINTS Profits of China’s major industrial companies gained 6.9% YoY…