Daily archives: October 10th, 2016

Fints Evening Highlights (10 October 2016)

The China Foreign Exchange Trade System (CFETS) said the yuan will be basically stable against a basket of currencies in the medium-and-long-term; no basis for a long-term depreciation of the yuan Five Chinese government departments,…


China Stock Market Roundup (10 October 2016)

China’s stock market closed higher on Monday as more than 21 Chinese cities imposed property tightening measures to cool surging prices during the 7-day National Day holiday, which analysts said could potentially drive a lots…


Fints Lunch Tray (10 October 2016)

China has decided to remove administrative price controls on the salt market to foster competition, the National Development and Reform Commission said on Sunday China’s foreign exchange reserves fell $1.88 billion to $3.16 trillion at…


Fints Spicy Stats (10 October 2016)

The Dow Jones Industrial Average closed 0.15% lower, to 18,240.49 on Friday; the S&P 500 index went 0.33% down at 2,153.74; the Nasdaq Composite Index fell 0.27%, at 5,292.41 Outstanding amounts of margin financing in…


FINTS Morning Brief (10 October 2016)

China’s bad loan risks are controllable despite an increase in bad loans: PBoC The Caixin China Service PMI (Purchasing Manager’s Index) came in at 52 in September, slightly down from 52.1 in August but higher…