PBOC injects $17.3b into market

The People's Bank of China (PBOC), the central bank of China, injected 120 billion yuan (about 17.3 billion US dollars) of funds into the market on Monday through reverse repos to maintain liquidity. The PBOC conducted the seven-day reverse repos...

Number of BO accounts remains unchanged

The number of BO (Beneficiary Owner's) accounts remained almost static in last ten months due to reduced IPO (initial public offering) quota for general investors, stock brokers said. They said most BO accounts opened by many general investors are mostly used to apply for IPO shares. "The IPO quota for general investors has been reduced...

AmEx profit tops Wall Street estimates

American Express (AmEx) has topped Wall Street estimates for third-quarter...