Dong Chen
Dong Chen
main reason shares
That the B shares may be merged into A shares is a main reason for the index to rise.
banks broader foreign local players promoting trying
The authorities are trying to prod local banks by promoting broader participation of foreign players in the market.
companies efficiency incentives listed rules share stimulate
The new rules give listed companies more flexibility. The share incentives will stimulate the firms' efficiency and management.
aiming companies holding invest lowering overseas provide small threshold
The move, by lowering the threshold for small shareholders, is aiming to provide more opportunities for overseas non-financial institutions and their holding companies to invest in securities.
banking benefit chinese promote sector
We need to promote competition, which will benefit the Chinese banking sector over the long haul.