Monthly archives: September, 2016

FINTS Morning Brief (27 September 2016)

Sources said that China’s securities regulator had removed the restrictions of “stocks accounting for at least 50% of QFII’s asset allocation in China”: The Paper China establishes a 350-billion-yuan national fund for structural adjustment of…


Fints Evening Highlights (26 September 2016)

China’s commercial crude oil inventories at the end of August rose 4.5% month on month; refined oil inventories dropped 9.8% MoM: Xinhua’ OGP China’s Ministry of Commerce (MOC) announced Monday that it will extend anti-dumping…


China Stock Market Roundup (26 September 2016)

China’s stock market closed sharply lower on Monday, as investors took a wait-and-see attitude ahead of a 7-day National Day holiday. At the close, the Shanghai Composite Index fell 1.76%, at 2,980.43 points, while the Shenzhen…


Fints Lunch Tray (26 September 2016)

Liu Shijin, former deputy director of the Development Research Center of the State Council, said  curbing the real estate bubble will  be conducive to innovation and entrepreneurship: the Shanghai Securities Journal PBOC adviser Huang Yiping…


Fints Spicy Stats (26 September 2016)

The Dow Jones Industrial Average closed 0.71% lower, to 18,261.45 on Friday; the S&P 500 index went 0.57% down at 2,164.69; the Nasdaq Composite Index fell 0.63%, at 5,305.75 Outstanding amounts of margin financing in the…


FINTS Morning Brief (26 September 2016)

The number of tourists during the 7-day holiday National Day is expected to be up 12% from last year with an estimated total tourist revenue standing at 478.2 billion yuan, or up 13.5% YoY: FINTS…


Fints Evening Highlights (23 September 2016)

The original extensive development model of China’s insurance industry is unsustainable, said Chen Wenhui, vice chairman of the China Insurance Regulatory Commission China has become the world’s largest producing, consuming and trading country of minerals…


China Stock Market Roundup (23 September 2016)

China’s stock market closed lower on Friday, as investors took profit on property shares and kept a wait-and-see attitude ahead of the week-long National Day holiday. At the close, the Shanghai Composite Index edged down…


Fints Lunch Tray (23 September 2016)

The third batch of PPP projects, covering several areas including energy, transportation, water conservancy, and environmental protection, is expected to be released before or after the National Day:  Shanghai Securities Journal The Hong Kong Exchange…


Fints Spicy Stats (23 September 2016)

The Dow Jones Industrial Average closed 0.54% higher, to 18,392.46 on Thursday; the S&P 500 index went 0.65% up at 2,177.18; the Nasdaq Composite Index rose 0.84%, at 5,339.52 Outstanding amounts of margin financing in…


FINTS Morning Brief (23 September 2016)

The State Administration of Foreign Exchange (SAFE) says it will crack down on fake overseas M&A deals used to move assets out of the country: FINTS China’s overseas M&As has reached $61.7 billion for the…


Fints Evening Highlights (22 September 2016)

China’s steel demand is likely to drop for a third year in a row as mills in the world’s top producer focus on reducing capacity, said Wang Liqun, vice chairman of the China Iron and…


China Stock Market Roundup (22 September 2016)

China’s stock market closed higher on Thursday, as the  US Federal Reserve’s decision to keep interest rates unchanged eased investors’ anxiety. At the close, the Shanghai Composite Index rose 0.54%, at 3,042.31 points, while the Shenzhen…


Fints Lunch Tray (22 September 2016)

Merger and acquisition (M&A) deals involving China reached $530.9 billion from January to September 15, and the country surpassed the US as the top acquirer for foreign companies: Reuters The bad debt rate of China’s…


Fints Spicy Stats (22 September 2016)

The Dow Jones Industrial Average closed 0.9% higher, to 18,293.7 on Wednesday; the S&P 500 index went 1.09% up at 2,163.12; the Nasdaq Composite Index rose 1.03%, at 5,295.18 Outstanding amounts of margin financing in…