China Stock Market
Express Messages
China approves set-ups of branches of overseas banks
CBIRC approved the application of Arab Bank for setting up a branch in Shanghai and CTBC Bank for establishing a branch in Shenzhen.
U.S. oil inventories decrease in week ending July 6: EIA
U.S. crude oil inventories decreased in the week ending July 6, the U.S. Energy Information Administration (EIA) said in a report on Wednesday.
Credit defaulters forced to repay 520 bln yuan in 1st half of 2018
Enforcement of court orders has enabled 520 billion yuan (78.5 billion U.S. dollars) in defaults to be repaid across China in the first half of 2018.
China breaks into top 20 innovative economies: WIPO ranking
China was among the top 20 most-innovative economies in the annual Global Innovation Index (GII) ranking published by Cornell University and the WIPO.
Alibaba, Siemens to promote industrial IoT platform
Alibaba Cloud and Siemens AG signed a memorandum of understanding on collaboratively promoting the industrial IoT in Berlin, Germany.
Organosilicon giant to raise its prices again
The Dow Chemical will raise the prices of organosilicon by 10 percent to remain a high-performance building business from July 15.
China to raise retail prices of gasoline, diesel
The retail prices of gasoline and diesel will be raised by 270 yuan (40.67 U.S. dollars) and 260 yuan per tonne, respectively.
Iran downplays impact of U.S. sanction threats on oil exports
Iranian Petroleum Ministry: there has been no major change in Iran's production and export of crude oil despite U.S. sanction threats.
China's excavator sales maintain double-digit growth in June
Sales by China's major excavator producers continued to post double-digit growth in June, though the pace was slower than the previous month.
China Mobile to establish research institute in Xiongan
China Mobile on Friday announced that it will establish a research institute in the Xiongan New Area in north China's Hebei Province.
Twitter suspends over 70 million accounts in crackdown on false information
Twitter Inc. has suspended more than 70 million fake accounts in May and June to clear out bots and trolls on the platform.
Guotai Junan Securities granted two awards by The Asset
Guotai Junan Securities won two awards “Best Private Funds Custodian, China” and “Best Alternatives Fund Administrator, China” .
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
