Fints Evening Highlights (25 October 2016)

China’s securities regulator has been instructed to curb access to bond and H-share financing by real estate firms, and its main economic planner has also been instructed to curb bond issuance applications by real estate…


China Stock Market Roundup (24 October 2016)

China’s stock market closed mixed on Tuesday, with shares in Shanghai outperforming stocks in Shenzhen, but trading volume remained low as investors chose to take a wait-and-see attitude. At the close, the Shanghai Composite Index…


Fints Lunch Tray (25 October 2016)

PBOC’s deputy governor Yi Gang said in an article published on the People’s Daily that the yuan will remain basically stable at a reasonable and balanced level; China will continue with prudent monetary policy; China…


Fints Spicy Stats (25 October 2016)

The Dow Jones Industrial Average closed 0.43% higher, to 18,223.03 on Monday; the S&P 500 index went 0.47% up at 2,151.33; the Nasdaq Composite Index rose 1%, at 5,309.83 Outstanding amounts of margin financing in…


FINTS Morning Brief (25 Oct 2016)

China’s state news agency Xinhua denounced various domestic media for reports saying the government planned to increase income tax for the country’s “high income” population whose annual wages exceed 120,000 yuan: FINTS Germany’s Economy Ministry…


Fints Evening Highlights (24 October 2016)

China’s banking regulator plans to allow local governments to set up more asset management companies (AMCs) as part of a broader effort to manage corporate debt and reduce the growing volume of troubled bank loans…


China Stock Market Roundup (24 October 2016)

China’s stock market closed higher on Monday, with shares in Shanghai outperforming stocks in Shenzhen. At the close, the Shanghai Composite Index rose 1.21%, at 3,128.25 points, while the Shenzhen Component Index went 0.87% up…


Fints Lunch Tray (24 October 2016)

Baosteel Group and Wuhan Steel Group completed their targeted capacity cuts for this year, the Xinhua News Agency reported over the weekend China’s centrally administered state-owned enterprises (SOEs) will be able to hit their annual…


Fints Spicy Stats (24 October 2016)

The Dow Jones Industrial Average closed 0.09% lower, to 18,145.71 on Friday; the S&P 500 index went 0.01% down at 2,141.16; the Nasdaq Composite Index rose 0.3%, at 5,257.4 Outstanding amounts of margin financing in…


FINTS Morning Brief (24 Oct 2016)

China Banking Regulatory Commission bans irregular inflow of loans or wealth management funds into the property sector: FINTS Jack Ma (founder of Alibaba), Pony Ma (Chairman of Tencent), Ma Mingzhe (Chairman of PingAn Insurance) and…


Fints Evening Highlights (21 October 2016)

China’s SAFE says demand for yuan has clearly increased after SDR inclusion; capital outflow pressure has eased in Oct; it has told Chinese banks to increase checks on authenticity and compliance on foreign exchange purchases…


China Stock Market Roundup (21 October 2016)

China’s stock market closed mixed on Friday, with shares in Shanghai outperforming stocks in Shenzhen. At the close, the Shanghai Composite Index rose 0.21%, at 3,090.94 points, while the Shenzhen Component Index went 0.33% down…


Fints Lunch Tray (21 October 2016)

Relevant authorities should accelerate the establishment of the Shanghai Cooperation Organization (SOC) Development Bank and SOC E-Commerce Business Alliance, and push forward the long-term development goals of the SOC Free Trade Zone, China’s Vice Commerce…


Fints Spicy Stats (21 October 2016)

The Dow Jones Industrial Average closed 0.22% lower, to 18,162.35 on Thursday; the S&P 500 index went 0.14% down at 2,141.34; the Nasdaq Composite Index fell 0.09%, at 5,241.83 Outstanding amounts of margin financing in…


FINTS Morning Brief (21 Oct 2016)

China strictly bans raising loans from government in the name of Public-Private-Partnership Project: Ministry of Finance Walmart Stores Inc collaborates with JD.com, a Chinese e-Commerce website to offer more shopping options for online customers in…