Shanghai Finance

News

New system for foreign companies

CHINA announced yesterday that it will use a “negative list” management approach for all foreign investment, open up more sectors and further relax restrictions for foreign businesses. From July 28, the ...

June 29,2017

New zones to finance ‘war on pollution’

CHINA has launched five pilot zones to promote “green finance” and help pay for a war on pollution that is expected to cost at least 3 trillion yuan (US$440 billion) a year, according to notices published ...

June 28,2017

China’s investment in US to cool in 2017

CHINA’S direct investment in the United States will fall this year under tightening scrutiny and regulation but US investment here will remain robust led by technology and consumer goods, a new study ...

June 27,2017

Digital coin sector expanding

CHINA should closely monitor the increasing diversification of cryptocurrencies and establish itself as a strong global voice in the sector and its regulation, industry analysts said on June 22. Bitcoin ...

June 26,2017

Macau’s Tai Fung opens in Shanghai

MACAU-BASED Tai Fung Bank yesterday launched its Shanghai branch to mark growing financial links between Shanghai and Macau under the Belt and Road initiative. It is the first Macau bank to open a branch ...

June 23,2017

Stocks rally on decision

SHANGHAI stocks rose yesterday as market sentiment was lifted by the announcement that China’s A shares will be included in two of MSCI’s global indexes. The Shanghai Composite Index rose 0.52 percent ...

June 22,2017

Domestic investors remaining cautious

CHINESE investors are expected to remain conservative this year as most of their investments are allocated to traditionally defensive asset classes, according to an investment survey released yesterday. ...

June 21,2017

Free trade zone restrictions loosened

CHINA has updated the negative list for foreign investment in the country’s 11 free trade zones, cutting 27 restrictions across eight sectors including mining, manufacturing and banking. In manufacturing, ...

June 20,2017

Lujiazui Forum to discuss reforms

THE two-day Lujiazui Forum in Shanghai opening tomorrow will gather central bank governors, financial regulators and experts from home and abroad to discuss regulatory reforms and financial support for ...

June 19,2017

China’s FDI drop of 3.7% extends downward trend

FOREIGN direct investment on the Chinese mainland dropped 3.7 percent year on year in May to 54.67 billion yuan (US$8.05 billion), extending a downward trend, data from the Ministry of Commerce showed ...

June 16,2017

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