China has 710 million internet users as of June, accounting for 51.7 percent of its total population, exceeding the global average by 3.1 percent,according to an official report released by the China Internet Network Information Center (CNNIC).

Stockbrokers who are also shareholders of Hong Kong Exchanges and Clearing Ltd (HKEx), which owns the stock exchange monopoly, are fighting a proposal to reform the IPO (initial public offering) market.

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The Chinese Finance Ministry has successfully issued 3 billion renminbi-denominated sovereign bond in London, the first of its kind outside China, according to the ministry.

Please feel free to download our research update on the latest important developments related to China, available in Russian (RU).

Andrei Akopian, managing partner at Caderus Capital, a top Russian fund and boutique investment bank, said 6 billion yuan would be the biggest sovereign issue, topping Britain’s 3 billion yuan issue.