China’s securities watchdog has published the first round of rules for the Shanghai-London Stock Connect, Caixin reports, as the three-year preparation enters its final stages. The program, which hopes to be rolled out by the end of the year, will offer investors a reduced-friction gateway to securities listed in the other city, by means of […]
Category: Brief
Demand for Chinese exports accelerated in September despite the challenge posed by Donald Trump’s tariff measures, but a weaker domestic outlook weighed on import figures. Export growth picked up to 14.5% year-on-year last month from 9.8% in August, according to official figures. This beat the market consensus of 8.2%, which had factored in a contractionary […]
Chinese listed companies will have more freedom to complete mergers and acquisitions under new guidelines issued last week, reports Caixin, a move seen as a bid to rev up activity in the country’s markets. According to the China Securities Regulatory Commission, listed companies will be able to use up to 50% of funds raised publicly […]
Speaking on the American interview program “60 minutes”, the US president gave warnings of further tariffs and punishments for China if no deal is reached regarding the country’s trade practices. “I want them to negotiate a fair deal with us. I want them to open their markets like out markets are open,” Trump said. When […]
The governor of the People’s Bank of China Yi Gang has said there remain opportunities for tweaking interest rates and the reserve requirement ratio (RRR), Reuters reports, as the country’s economic headwinds begin to swirl faster. The bubbling trade war with Washington has presented China with “tremendous uncertainties” to which it was searching for a […]