Banker exits, zombie accounts: China’s Shanghai free trade zone sputters [Reuters (UK)]
CHINA MRCHNTS BK UNSP/ADR (CIHKY)
NASDAQ:AMEX Investor Relations:
english.cmbchina.com/cmbir/home.aspx
Company Research
Source: Reuters
Banker exits, zombie accounts: China’s Shanghai free trade zone sputters - Reuters 6 Min Read SHANGHAI/BEIJING (Reuters) - When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new FTZs in July, officials touted the efforts to attract foreign investment and deepen trade ties with neighboring countries. Yet, for many businesses the FTZs have simply failed to live up to their hype, undermined in part by Beijing’s capital controls as an escalating trade war with the United States slows China’s economic growth to 30-year lows. Back in Shanghai, in the first FTZ area, chairs lie overturned and desks sit empty behind padlocked glass office doors. Food courts that once overflowed with business diners have seen small eateries steadily shut up shop this year, leaving used chopsticks and plastic packaging scattered on the ground. While the Shanghai FTZ, opened in September 2013, has long struggled to live up to its initial promise of free-flowing cur
Show less
Read more
Impact Snapshot
Event Time:
CIHKY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CIHKY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CIHKY alerts
High impacting CHINA MRCHNTS BK UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CIHKY
News
- Bosera HashKey Bitcoin and Ether ETFs Listed on HKEX Today [Yahoo! Finance]Yahoo! Finance
- China Market Update: Mainland Sees Massive Buying, Hong Kong Growth Flies, Week In Review [Forbes]Forbes
- ASHR: China May Finally Be 'Investable' Again [Seeking Alpha]Seeking Alpha
- AM Best Affirms Credit Ratings of CMB Wing Lung Insurance Company Limited [Yahoo! Finance]Yahoo! Finance
- China Merchants Bank: Pulling Back As Sector Headwinds Warrant Caution [Seeking Alpha]Seeking Alpha