XFA Weekly Review 2017 Issue 18_Xinhua Finance Agency

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Issue		18
2017


	2017/04/30 - 2017/05/06

U.S. Fed to keep interest rate unchanged

The market estimated that the U.S. Fed will maintain the target interest rate within a range of 0.75 percent to 1.00 percent.

China's manufacturing activity expands for 9th straight month

China's manufacturing sector continued to expand in April, though at a slower pace, said the National Bureau of Statistics (NBS) on Sunday.

	China's major banks see slowing profit growth, falling bad loan rates in Q1

	China's major banks saw slowing profit growth in the first quarter, though bad loan rates fell.


	Hong Kong Stock Connect subjects face short selling

		Mainland investors can no longer act as onlookers against the “short sellers” in overseas markets in recent years.

Benchmark mortgage rate for first home becomes mainstream in tier-1 cities

122 banks in 35 cities raised mortgage rates in April. It is expected that there will more cities to take similar measures.

Yield of 10-year treasury bonds higher than 3.5 pct.

There seems to be no end to the declining trend in bond market after the yield of 10-year national bonds was above 3.5 percent.

China counts on aggressive tax cut to spur economy

China may be about to become more aggressive in cutting its taxes to stay competitive.

China-made C919 no challenge to Boeing, Airbus dominance

While the much-awaited first Chinese-built passenger jet C919 is ready to make its maiden flight Friday.

New channels for four big banks to dispose NPLs

The banking industry was under high pressure on the disposal of non-performing loans (NPLs).

NEEQ to introduce bulk trading and call auction in H1

New Third Board, will introduce bulk trading and call auction mechanism in the first half of 2017.

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