Search Results for: Shanghai
HKEX publishes further information on Shenzhen-Hong Kong Stock Connect to facilitate business and technical preparation
September 28th, 2016
As part of the market communication plan for Shenzhen-Hong Kong Stock Connect (Shenzhen Connect), the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited ...
Most Emerging Stocks Decline Before Oil Talks as Ringgit Weakens
September 28th, 2016
Financial and energy shares pace drop among industry groups Taiwan’s financial markets remain shut because of typhoon Most emerging-market stocks fell, led by financial and energy companies, as investors awaited a meeting of major oil producers seeking an output ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
Fintech Firm Ripple raises $55 Million In funding
September 16th, 2016
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers into investors, and capital into commercial deployments of our solutions. ...
SFC reprimands and fines HSBC $2.5 million for regulatory breaches
September 14th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) $2.5 million for regulatory breaches and internal control failings related to position limit failures. The disciplinary action follows an SFC investigation ...
PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets
September 14th, 2016
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month high, fueling speculation that it is looking to steady the ...
Asian Shares Shed Early Gains
September 13th, 2016
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...
Asia stocks, bonds suffer central bank anxiety attack
September 12th, 2016
Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. European bourses were ...
Asian Markets Fall After North Korea Nuclear Test
September 9th, 2016
Asian shares moved lower after North Korea conducted a fifth nuclear test Friday, adding to weakness in the market brought on by disappointment about European Central Bank’s inaction on stimulus. But Hong Kong’s Hang Seng Index continues to rally, ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...