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  • BEIJING, Oct 29- China needs to loosen capital controls and develop offshore yuan markets to help encourage yuan holding and bolster its drive to internationlise the currency, a senior executive at Bank of China, said on Wednesday. About 15 percent China's trade was settled in yuan in the first nine months of 2014, up from less than 1 percent in 2009, when...

  • SHANGHAI, Oct 29- China shares showed solid gains, with transportation stocks leading the way, on hopes the government will unveil reform measures. Hopes for reform at state-owned enterprise were lifted as China's domestic media reported that China CNR and CSR Corp were planning to merge. China Eastern Airlines Corp Ltd and COSCO Shipping Co Ltd both climbed...

  • *China can lower 2015 economic growth target to 7 pct- World Bank. BEIJING, Oct 29- China can cut its economic growth target to 7 percent next year without hurting its labour market, the World Bank said on Wednesday even as it urged Beijing to get rid of rigid growth objectives. At its thrice-yearly review of the Chinese economy, the World Bank warned China against...

  • TOKYO/ SINGAPORE, Oct 29- China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world's biggest producer are taking advantage of the rebate to sell surplus steel cheaply. The steel in question contains boron, an element that can harden steel for uses ranging from...

  • *Hong Kong gambling shares up after Wynn Macau earnings. HONG KONG, Oct 29- China and Hong Kong shares rose more than 1 percent on Wednesday, heading for a second straight day of gains, on hopes of more favorable policies from the Chinese government, with tranportation stocks leading gains for mainland equities. In Hong Kong, the Hang Seng Index advanced 1.4 percent...

  • TOKYO/ SINGAPORE, Oct 29- China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world's biggest producer are taking advantage of the rebate to sell surplus steel cheaply. The steel in question contains boron, an element that can harden steel for uses ranging from...

  • HONG KONG, Oct 28- China has yet to explain why the Hong Kong- Shanghai stock trading link-up missed its expected launch on Monday, but the landmark scheme to give investors in Hong Kong and the mainland direct access to each others' market had failed to reconcile critical tax differences. The Stock Connect scheme, considered a milestone in the liberalisation of...

  • SHANGHAI, Oct 28- Chinese shares rebounded on Tuesday, breaking a multi-day string of declines, on hopes of more reforms at the country's state-owned enterprises. The Shanghai Composite Index ended up 2.1 percent at 2,337.9 points, marking its biggest daily rise since July 28, while the CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 2.0...

  • SHANGHAI, Oct 28- China and Hong Kong shares rebounded on Tuesday, breaking a multi-day string of declines, on hopes of more reforms to state-owned enterprises, analysts said. In Hong Kong, the Hang Seng Index edged up 0.6 percent to 23,289.01 points. "An important investment justification behind the performance of the A-shares and the Hong Kong market is the news...

  • LONDON, Oct 27- Is the world aluminium market in a supply-demand deficit or surplus? Two respected bank analysts, Citi's David Wilson and Natixis' Nic Brown, offered diametrically different views. The thorniest problem of all, however, is assessing what is going on in China.

  • *Adds to patchy record on China's financial reforms. HONG KONG, Oct 27- The stalled link-up between the Hong Kong and Shanghai bourses hit financial stocks on both exchanges on Monday, left investors in the dark about the scheme's future and raised more questions about Beijing's patchy record on delivering reform. MSCI, which compiles global stock indexes, said a...

  • HONG KONG, Oct 27- Top Chinese asset manager Jack Wang said a long delay in launching a "through-train" stock connect scheme between Shanghai and Hong Kong could keep China's yuan-denominated A-shares out of the MSCI emerging markets index, but wouldn't derail China's long-term plan to liberalise its markets. But the scheme will not be launched in October as...

  • SHANGHAI, Oct 27- Hong Kong shares fell on Monday, dragged down by a slide in brokerages amid uncertainty over the launch date of a closely-watched scheme linking the Hong Kong and Shanghai stock exchanges. The head of the Hong Kong stock exchange said on Sunday the stock trading agreement between Hong Kong and Shanghai, hailed as a milestone to open up China's...

  • SHANGHAI, Oct 27- Chinese shares fell on Monday, dragged lower by brokerages on uncertainty over the launch of a landmark scheme linking the Hong Kong and Shanghai exchanges. Financials were the main drags on the mainland market with CITIC Securities and Haitong Securities, the country's two biggest listed brokerages, both down 2.8 percent.

  • HONG KONG, Oct 27- Pro-democracy protests in Hong Kong have created a volatile environment, making it too risky for China to launch a stock connect scheme between Shanghai and the former British colony, Chinese brokerage Haitong International said on Monday. "The external market environment in Hong Kong is not stable now," said Lin Yong, chief executive officer at...

  • *Brokerages fall on Hong Kong- Shanghai stock scheme delay. SHANGHAI, Oct 27- Hong Kong and mainland Chinese shares fell on Monday, dragged lower by falls in brokerages on uncertainty over the launch of a scheme linking the Hong Kong and Shanghai exchanges. In Hong Kong, the Hang Seng Index edged down 0.8 percent to 23,105.6 points.

  • HONG KONG, Oct 27- The protracted delay of a stock connect scheme between Shanghai and Hong Kong will threaten the inclusion of China's benchmark A-shares in the MSCI emerging markets index, a top Chinese asset manager said on Monday. The Hong Kong- Shanghai connect scheme is a landmark project set to connect the equity markets in the two cities.

  • HK-Shanghai stock connect will materialize: JPMorgan

    Jing Ulrich, Managing Director and Vice Chairman of Asia Pacific at JP Morgan, explains why she's optimistic that the cross-border bourse link-up will take place.

  • Is the Shanghai-HK stock link-up still on track?   Sunday, 26 Oct 2014 | 7:21 PM ET
    Is the Shanghai-Hong Kong stock link-up still on track?

    Sean Darby, Global Head of Equity Strategy at Jefferies, explains why the stock-trading connection will go live by year-end despite a delay in the launch originally scheduled for October.

  • SHANGHAI, Oct 25- Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said on Saturday. Carlos Ghosn, head of Japanese carmaker Nissan Motor Co Ltd and its French alliance partner Renault SA, told the same conference he was still optimistic about China's outlook.