Tag: China Economy

Fints Evening Highlights (28 October 2016)

Residential land prices in China’s four first-tier cities, including Beijing, Shanghai, Shenzhen and Guangzhou – climbed 19% to an average of 21,037 yuan per square metre, the fastest growth of this year: Ministry of Land…


China Stock Market Roundup (28 October 2016)

China’s stock market closed lower on Friday, with major indexes diving in late-afternoon trading, althought they opened higher and advanced in the morning trading. At the close, the Shanghai Composite Index lost 0.26%, at 3,104.27 points,…


Fints Lunch Tray (28 October 2016)

China is in a forward position in digital innovation, supported by its huge millennial population and consumer trends such as the sharing economy, augmented reality (AR) and virtual reality (VR): UBS Japan’s Fujitsu said on…


Fints Spicy Stats (28 October 2016)

The Dow Jones Industrial Average closed 0.16% lower, to 18,169.68 on Thursday; the S&P 500 index went 0.3% down at 2,133.04; the Nasdaq Composite Index lost 0.65%, at 5,215.97 Outstanding amounts of margin financing in…


Fints Evening Highlights (27 October 2016)

China is still testing a scheme to include off-balance sheet financing in assessing the health of commercial banks before rolling it out more widely, China Business Network quoted the PBOC’s top economist Ma Jun as…


China Stock Market Roundup (27 October 2016)

China’s stock market closed lower on Thursday, as rises in defense and light manufacturing stocks were offset by declines in coal, and food and beverage shares. At the close, the Shanghai Composite Index lost 0.13%,…


Fints Lunch Tray (27 October 2016)

The yuan’s share of the global payment in September rose to 2.03%, compared with 1.86% in August: Swift The Financial News, a paper affiliated with the PBOC, said in a commentary article that there is…


Fints Spicy Stats (27 October 2016)

The Dow Jones Industrial Average closed 0.17% higher, to 18,199.33 on Wednesday; the S&P 500 index went 0.17% down at 2,139.43; the Nasdaq Composite Index lost 0.63%, at 5,250.27 Outstanding amounts of margin financing in…


Fints Evening Highlights (26 October 2016)

China’s central bank will take into account off-balance sheet financing at commercial banks to assess their overall financial health, three sources with direct knowledge of the matter said late on Tuesday: Reuters China is studying…


China Stock Market Roundup (26 October 2016)

China’s stock market closed lower on Wednesday, as rises in food and agricultural stocks were offset by declines in coal shares as investors took profits on the sector, which had rallied recently on the back…


Fints Lunch Tray (26 October 2016)

China’s central bank said in its third-quarter regional social financing statistic report that total social financing in Guangdong in the first three quarters increased to 1.63 trillion yuan, ranking No. 1 among all the provinces…


Fints Spicy Stats (26 October 2016)

The Dow Jones Industrial Average closed 0.3% lower, to 18,169.27 on Tuesday; the S&P 500 index went 0.38% down at 2,143.16; the Nasdaq Composite Index lost 0.5%, at 5,283.40 Outstanding amounts of margin financing in…


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…