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JPMorgan Asset Management considers applying for a private fund management license in China, media reported
Shanghai Composite Index falls 0.39% to 2,694.52 at 11:30 BJT, with turnover of RMB 60.3 bln. Shenzhen Component Index down 0.85% to 8,428.39, with turnover of RMB 81.9 bln. The ChiNext Index sees a drop of 1.37% to 1,443.84, with turnover of RMB 26.3 bln.
The overnight HKD Hibor rate UP 18.1 bps to 0.90071%, the 7D HKD Hibor rate up 4.6 bps to 1.10304%, the 3M HKD Hibor rate up 2.2 bps to 1.88492%
Shanghai's fixed assets investment up 6.6% YoY to RMB 376.44 bln in Jan-Jul, according to Shanghai Statistics Bureau
China's O/N Shibor rate up 6.9 bps to 2.5800%, 7D Shibor rate up 1.3 bps to 2.6500%, 3M Shibor rate up 0.4 bps to 2.8170%
Alibaba's third-party mobile and online payment platform Alipay will begin operations in Pakistan by the end of 2018
China is accelerating research and launch of new derivative products such as treasury options and 30-year treasury futures, said Fang Xinghai, vice chairman of CSRC