Finance Special – Shanghai Daily

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Finance Special

Nationwide reform plan to lower electricity bills

CHINA will expand its power-pricing reform nationwide in 2017 following a two-year pilot period in several regions to open the electricity industry, an official said yesterday. The power transmission ...

March 30, 2016, Wednesday

Allianz sees wider prospects as market opens

This has been a good year so far for insurance companies, with industry-wide profit doubling in the first half, thanks to the stock market rally....

August 10, 2015, Monday

Where will they go next? UBS looks at trends in Chinese tourism

The number of outbound Chinese tourists has doubled over the past five years from 57.4 million to 116.6 million in 2014....

August 10, 2015, Monday

Peer-to-peer lending also comes under the regulatory thumb

Two days after the central bank imposed strict new rules on the booming Internet finance industry, peer-to-peer lender CreditEase took out a front-page advertisement in People’s Daily to assure consumers...

August 10, 2015, Monday

Internet finance braces for regulatory controls

New draft rules regulating third-party online payment systems have stirred heated public discussion, with detractors fearing they will throw a monkey wrench into the booming Internet finance industry....

August 10, 2015, Monday

Margin trading cops major blame for market crash

Alarmed by a stock market crash that has wiped about 30 percent off the value of the Shanghai Composite Index in three weeks, Chinese authorities have scrambled to step up rescue efforts....

July 6, 2015, Monday

Reform of IPOs goes on back burner amid market turmoil

China’s attempts to revamp its much-vilified system of initial public offerings suffered another setback amid a stock market crash that has resulted in a renewed halt to IPOs....

July 6, 2015, Monday

Globalization of the yuan picks up momentum

The People’s Bank of China, in a report released last month, used the term “yuan internationalization” for the first time to describe its six years of efforts in promoting global use of the currency....

July 6, 2015, Monday

OCBC China taps prospects in deregulation

China’s persistent efforts to encourage cross-border use of the yuan and overseas expansion by local companies have offered foreign banks in China a silver lining in the cloud currently hanging over the...

July 6, 2015, Monday

China Voice: AIIB, the call of times

The Asian Infrastructure Investment Bank (AIIB) faced a seminal moment on June 29 as founder members signed a charter that paves the way for the bank’s operation later this year....

July 6, 2015, Monday