The China-Europe freight train from Chongqing unloads the cargo in Lithuania, on April 14, 2020. [Photo/Xinhua]
The China Securities Regulatory Commission said in a statement last Friday there will be a threshold against which to assess which brokerages will qualify for the Shanghai-London Stock Connect. The commission said there will also be limits on the amount of shares that these firms can issue. However, further details were not disclosed.
The Chinese company termed the new development as historic for the east African country.
The Chinese group's share price has soared 55 percent over the past year.
The Caixin General Services Purchasing Managers' Index slipped to 50.6 in September from 52.7 in August, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co Ltd.
The China (Fujian) Free Trade Pilot Zone [Photo provided to chinadaily.com.cn]
即墨两个月可以药流么
The Chinese banking sector has disposed of nonperforming loans totaling 3.48 trillion yuan since 2017. The NPL ratio for commercial banks stood at 2 percent at the end of January this year, and the provision coverage ratio was 186.8 percent, signaling strong risk resilience capabilities, according to the China Banking and Insurance Regulatory Commission.
The Chief Executive, Carrie Lam, together with the Secretaries of Department and Directors of Bureau, and the Commissioner of Police, meet the media at the Chief Executive's Office, July 22, 2019. [Photo by Calvin Ng/chinadaily.com.cn]
The Chinese leader Deng Xiaoping's promise that the dancing and horse racing will continue in Hong Kong after 1997, under the "one country, two system" principle and the Hong Kong Basic Law, seems to have been honored.
The Chinese government is firmly committed to safeguarding China's national sovereignty, security and development interests, implementing "one country, two systems" fully and faithfully, and opposing any interference in Hong Kong affairs.