• PBOC’s vice governor Yi Gang said China has become the world’s largest green bonds market; a total of about 120 billion yuan worth of green bonds was issued in the first seven months of the year; China’s green credit makes up 10% of all outstanding loans
  • Shanxi province, China’s biggest coal producing province, has awarded 947.78 million yuan to its six major coal enterprises this year for shutting down surplus capacity: Xinhua
  • Member steel enterprises’ cumulative profits in the first seven months of the year amounted to 16.35 billion yuan; their daily crude steel output in early-to-mid August stood at 1.76 million tons: China Iron and Steel Association
  • Nomura expects the rising trend of China’s non-performing loan ratio will continue until the end of 2018
  • Xuan Changneng, a former PBOC official, has been appointed assistant chairman of China’s securities regulator: CSRC
  • HKEx Chief Executive Charles Li said the exchange plans to launch its Qianhai commodity trading platform in the second quarter of 2017
  • The Shanghai index closed 0.02% higher by the midday break, while the Shenzhen index rose 0.31% and the ChiNext index climbed 0.24%