Daily archives: August 29th, 2016

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…