Daily archives: August 26th, 2016

Fints Evening Highlights (26 August 2016)

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)

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)

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)

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)

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…