PRE-MARKET CHINESE STOCK NEWS: China CSRC said to advise companies to avoid conducting frequent capital raisings

Air China (753 HK)
- Co. and Air Canada expand strategic cooperation as they work towards a planned JV. (Newswires)

China Household Holdings (692 HK)
- Co. shares are halted as Li Zhixong resigned as Executive Director. (Newswires)

China Jinmao Holdings (817 HK)
- Co. is to no longer consider sale of 50% stake in Shanghai Yin Hui and Shanghai International Shipping. (Newswires)

Jun Yang Financial Holdings (397 HK)
- Co. CEO is said to oppose takeover offer from China Jicheng Holdings (1027 HK) and wants shareholders to reject it. (Newswires)

Insurers
- CIRC is considering revising the rules for the country's insurance security fund, which will permit necessary liquidity support in times of a crisis. (CEN)

Other News
- China CSRC said to advise companies to avoid conducting frequent capital raisings. (Newswires)
- Premier Li urged pilot free trade zones to improve market management, including the negative list for market access and internet-related services, for an improved business environment and to stimulate market vitality.
- China Academy of Social Sciences researcher Feng says domestic economy on course for 6.8% GDP growth and that government is likely to set 2018 GDP growth target inline with 2017 target of around 6.5%. (Newswires)
- US Secretary of State Tillerson said that China has gone too far regarding the South China Sea. (Newswires)

13 Dec 2017 - 01:05- Research Sheet- Source: Newswires

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