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Hong Kong is poised to be the leading offshore yuan financial center even if yuan currency becomes fully convertible which may threaten the city's financial position. Meanwhile, HK's dim sum bond market infrastructure building is making more progress as mainland credit rating agencies may start yuan bond ratings in city. The Hang Seng Index, starting on Nov 24, 1969, is a capitalization-weighted stock market index in the Hong Kong Stock Exchange, served as the main indicator of the overall market performance in Hong Kong.
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  • (China Daily)2017-08-19 08:47

    Shows Creative Humor Physical Theatre - Papirus Date: Aug 23-27 - 7:30 pm Venue: National Centre for the Performing Arts Price: 160-280 yuan How should we react to a stranger? Do we choose to become complicity or else look threateningly at the other? How to convey our own intimacies and dreams? How ...

  • By Meng Fanbin(China Daily)2017-08-18 10:02

    The rapid expansion of electrolytic aluminum production in China has lost steam, following the government's decision to eliminate overcapacity in the industry, hot on the heels of similar moves in the steel and coal sectors.Electrolytic aluminum output reached 2.69 million metric tons in July, a dro...

  • By Wang Ying In Shanghai(China Daily)2017-08-18 10:01

    French high-end department store Galeries Lafayette plans to open its second location in China-an outlet in Shanghai-next year. The company has operated in China since 2013, when it opened a store in Beijing. Shanghai Lujiazui Finance & Trade Zone Development Co Ltd, which is listed on the Shang...

  • (China Daily)2017-08-18 06:49

    Amateur boxing event in Shenzhen helps raise funds for charity A white-collar worker boxing event was held in Futian district of Shenzhen, Guangdong province, on June 15, raising more than 100,000 yuan ($15,000) in an auction for a local charity organization. The event attracted nearly 450 participa...

  • (China Daily)2017-08-18 06:49

    Xiangmihu Financial Technology Index analyzes Shenzhen Stock Exchange-listed companies Xiangmihu Financial Technology Index, the first index designed to reflect the performance of the financial technology industry in China, made its debut on the Shenzhen Stock Exchange on June 9. The index was joint...

  • (China Daily)2017-08-18 06:49

    Shenzhen Energy Corp is one of a number of Futian-based enterprises that have been making concrete efforts to support the Belt and Road Initiative. Sunon Asogli Power Ghana Co, a joint venture established by Shenzhen Energy Corp and China Africa Development Fund in Ghana, is the first overseas proje...

  • (China Daily)2017-08-18 06:45

    The Confucius Institute, Hunan province event creates bonds, promotes greater engagement, Li Fusheng reports. Once every year a group of foreigners descend on Central China's Hunan province, speaking surprisingly fluent Chinese. They are in fact college students who come to attend the annual Chinese...

  • By Wang Jinhui(China Daily)2017-08-18 06:45

    The audience was stunned when Daniel McMonagle wore his colorful costume and women's make-up to perform a moving episode of the famous blockbuster Farewell My Concubine directed by Chen Kaige. It records a romance about a hero and his lover 2,200 years ago, which has won over thousands of opera fans...

  • (China Daily)2017-08-18 06:38

    The success of the University of Hong Kong-Shenzhen Hospital, which opened in July 2012, has fired the interest of more and more Hong Kong business people in investing in healthcare services on the Chinese mainland. A group of Hong Kong investors, led by former financial secretary Antony Leung Kam-c...

  • By Li Xiang(China Daily)2017-08-17 10:10

    China has reclaimed the position as the biggest foreign holder of US sovereign debt after boosting its holding for a fifth consecutive month with a strengthened yuan and eased capital outflow pressures.The country purchased $44.3 billion of US treasury bonds in June, the most in six years, bringing ...

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