XFA Weekly Review 2017 Issue 35_Xinhua Finance Agency

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Issue		35
2017


	2017/08/27 - 2017/09/02

Foreign investors show higher interest in China

Since the beginning of this year, the RMB exchange rate rose more than 4 percent against the US dollar.

China's economy continues to enjoy strong growth

China continues to enjoy strong growth which is projected at 6.7% for 2017 and shows potential to keep the increasing momentum over the medium term.

	PBOC stabilizes liquidity, market keeps prudent about capitals in Sept.

	After two days of capitals shortage, the last day of August saw stable capitals.


	China to further regulate private investment funds

		Chinese authorities are soliciting public opinion on a provisional regulation to further regulate activities involving private investment funds.

China increases effort to rein in SOE debt

The Chinese government has stepped up a crackdown on state-owned enterprises debt to prevent systemic financial risks infecting the broader economy.

China Guodian merges with Shenhua Group to create new energy giant

China's State Council has approved a merger between China's major power generator China Guodian Corporation and coal producer Shenhua Group.

China enters era of rental housing

It has become consensus in large Chinese cities to develop the rental housing market.

Citics, Guotai Junan and GF securities firms ranked top 3 in H1

Operating revenues of Citic Securities, Guotai Junan Securities, GF Securities recorded 18.694 bln, 11.104 bln and 10.050 bln.

Extension of NCDs will bring huge pressure

Capital supply has been tightened since the second half of August and negotiable certificate of depoit (NCD) worth 2.3 trillion yuan will mature.

NDB to offer 2.5bln USD loans this year

The ninth BRICS leaders' summit will kick off in Xiamen, Fujian Province few days later.

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