Tag: China Economy

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 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 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 Evening Highlights (20 October 2016)

Vanguard, the world’s second largest fund company, has appeared on lists of the top ten public shareholders of three A-share listed companies, which had disclosed their third-quarter earnings reports, including Hangzhou Hangyang Co., Ltd., Huaming…


China Stock Market Roundup (20 October 2016)

China’s stock market closed mixed on Wednesday with shares in Shenzhen outperforming stocks in Shanghai. At the close, the Shanghai Composite Index lost 0.01%, at 3,084.46 points, while the Shenzhen Component Index went 0.25% up…


Fints Lunch Tray (20 October 2016)

China’s authorities are formulating new standards for real estate companies issuing corporate bonds: China Securities Journal Although more favorable funding conditions have lowered developers’ liquidity risk, their ability to repay debt remains the key concern, …


Fints Spicy Stats (20 October 2016)

The Dow Jones Industrial Average closed 0.22% higher, to 18,202.62 on Wednesday; the S&P 500 index went 0.22% up at 2,144.29; the Nasdaq Composite Index rose 0.05%, at 5,246.41 Outstanding amounts of margin financing in…


Fints Evening Highlights (19 October 2016)

China Construction Bank set up three “Silk Road” funds with investment scale of 70 billion yuan with Shaanxi province to help the government to reform and upgrade its state-owned enterprises: Xinhua China’s stamp duty collected…


China Stock Market Roundup (19 October 2016)

China’s stock market closed mixed on Wednesday after economic data published earlier showed the economy grew by 6.7% from a year earlier in the third quarter, in line with estimates and unchanged from the second…