Daily archives: August 12th, 2016

Fints evening highlights (12 August 2016)

China’s government procurement in 2015 rose 21.8% year on year to 2.11 trillion yuan, accounting for 12% of its fiscal expenditure and 3.1% of GDP of the year:  Ministry of Finance China’s government spending in…


China stock market roundup (12 August 2016)

China’s stock market closed higher on Friday despite a slew of economic data including industrial output, retail sales, fixed-asset investment, and property investment growth showing the economy has got off to a weak start in…


China’s economic activities slow down in July as property investment cools

A flurry of China’s July economic data, including industrial output, retail sales, fixed-asset investment, and property investment growth, indicates the economy has got off to a weak start in the third quarter, as the world’s…


Beijing ushers in new hukou points system

Beijing rolled out a trial administrative policy concerning hukou, the household registration permit on Aug 11, in a move to step up measures to control the population growth in the capital. The new temporary residence…


Disney’s Q3 international business dragged by Shanghai resort

Walt Disney, one of the world’s leading producers and providers of entertainment and information, has posted its third-quarter (Q3) financial results recently, pointing out the performance of Shanghai Disneyland resort has stalled the profit growth…


Fints Lunch Tray (12 August 2016)

The flexibility of the RMB exchange rate remains to be further strengthened in the future, and the market-oriented reform also needs to be further deepened; the yuan has room to appreciate in the long-term, China…


FINTS MORNING BRIEF (12 August 2016)

ICBC International and Yuanda Securities secured QFII qualifications, while Haihuitong Asset Management Co Ltd secured RQFII qualification in July: CSRC China’s ministries and commissions including the Ministry of Industry and Information Technology issue a joint…