XFA Weekly Review 2017 Issue 26_Xinhua Finance Agency

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Issue		26
2017


	2017/06/25 - 2017/07/01

＂Northbound＂ mainland-Hong Kong bond connect to operate Monday

Qualified overseas investors will be able to invest in the Chinese mainland interbank bond market via the mainland-HK bond connect starting Monday.

CBRC surveys credit risk, highlights overseas M&A giants

The massive sell-off of various bonds and stocks of Dalian Wanda Group on June 22 triggered a great deal of speculations.

	Monetary policy neither loose nor tight in H2

	Looking forward to the next half, industry insiders said that the PBOC will continue to pursue a prudent and neutral monetary policy.


	RMB exchange rate expected to keep stable in H2

		Chinese yuan may keep stable or relatively strong in the second half of the year with the support of economic fundamentals and monetary policy.

China to adopt negative list management for foreign investment

China will implement the negative list approach for all foreign investment in China from July 28.

Profits of industrial enterprises hike for 1st time in May since 2017

Year-on-year growth in profits of Anchorindustrial enterprises above designated size expanded 2.7 percentage points in May from April.

SASAC to deepen SOEs reform

China will complete the corporate system and joint-stock system reform of SOEs by the end of the year in deepening the SOEs reform.

Foreign investment to “calm down”

The Certain Opinions on Improving the Safety of Overseas Enterprises and Foreign Investment was passed at the meeting of the Central Leading Group.

Takata files for bankruptcy, U.S. auto parts maker to buy most assets

Japan's embattled Takata Corp. said on Monday that it had filed for bankruptcy protection and would sell its business to a U.S. third party.

U.S. Fed approves capital plans of 34 biggest U.S.banks

The Federal Reserve on Wednesday allowed biggest U.S. banks to buy back shares and raise dividends with extra capital.

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