Blue Enamel Gear Cufflinks - Online

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SHANGHAI (Reuters) - China’s regulators lined up to rally market confidence on Friday with new rules, measures and words of comfort as shares brushed near four-year lows for the second straight day before surging. Vice Premier Liu He, who oversees the economy and the financial sector, supplemented regulators’ moves by saying the recent stock market slump “provides good investment opportunity” and that economic problems should be treated rationally. Liu also told Xinhua News Agency that while trade friction between the United States and China had an impact on markets, “to be frank, the psychological impact is bigger than the actual impact”.

Earlier in the day, the securities regulator, central bank and banking and insurance regulator all pledged steps to bolster market sentiment as China reported its weakest pace of economic growth since the global financial crisis for the third quarter, While authorities in the world’s second biggest economy have been slowly easing monetary conditions, blue enamel gear cufflinks Friday’s announcements were largely aimed at putting a floor under the tumbling stock market, Beyond putting a floor, the moves fueled a rally, The Shanghai index .SSEC jumped 2.6 percent..

Even with that, the Shanghai index is still down close to 10 percent this month and nearly 25 percent since late January as foreign investors and domestic institutions dumped shares amid concerns about rising U.S. Treasury yields and a trade war with the United States. More recently, worries over the prospect of forced margin calls on the massive amounts of shares pledged as collateral also weighed on markets. On Friday, China’s banking and insurance regulator said it plans to allow the wealth management subsidiaries of banks to invest product funds directly into stocks, a departure from the crackdown on such products earlier in the year.

The draft rules, still subject to change, also scrapped the minimum investment requirement for investors in such products, a blue enamel gear cufflinks further signal that policymakers are trying to free up funds for stocks, Meanwhile, Liu Shiyu, chairman of the China Securities Regulatory Commission (CSRC), said the regulator would encourage private equity funds to buy shares in listed firms, support share buy-backs and speed up approval for mergers and acquisitions (M&As), according to a statement on the CSRC’s official website..

Liu also announced measures to aid private-run businesses, saying the regulator would support the issuance of high-yield bonds and other debt instruments by small and medium-sized companies. He said that regulators encourage various types of investors to help ease liquidity difficulties at listed companies with pledged shares. The country’s central bank chief weighed in on Friday, saying the People’s Bank of China (PBOC) is studying targeted measures to allay the financing difficulties of private companies and will push forward plans to support such firms’ bonds financing.

“The plunge protection team will blue enamel gear cufflinks be stepping up their efforts to lift the stock-market,” said Sue Trinh, head of Asia FX strategy at the Royal Bank of Canada Hong Kong Branch in a Friday note, GRAPHIC: China's policymakers pledge market support - tmsnrt.rs/2OyNcCL, The policy push comes as growth of outstanding total social financing, a reliable gauge of overall credit conditions, slowed to 10.6 percent in September from 10.8 percent in August, That was the weakest since 2005, according to Capital Economics..

The cooling comes even as Beijing adopted a range of measures to loosen credit conditions. The PBOC has cut reserve requirements for lenders four times this year, with the latest cut effective Oct. 15. China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter as the trade war with the United States began to bite. “People are not that concerned about the GDP figure, it is only a little weaker than expected. They care more about the pledged shares, and the fact that regulators have stepped in [to avoid creditors forcing margin calls],” said Li Zheming, analyst at Datong Securities, explaining the reason for the lift in stock prices on Friday.

ROME (Reuters) - A report Vivendi (VIV.PA) is thinking of calling a shareholder meeting at Telecom Italia (TLIT.MI) to appoint four more board members are off the mark, the French media group’s CEO said, “What I read is not a reality of blue enamel gear cufflinks the moment,” Arnaud de Puyfontaine said on Friday on the sidelines of a conference, Vivendi is Telecom Italia’s leading shareholder, Last May activist fund Elliott wrestled board control from the media giant after a two-month campaign to shake up the way the French group had been running the former telecoms monopoly..

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