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The ICBC said Thursday its purchase of an 80-percent stake in the Bank of East Asia (BEA) had won approval from the US authority.
The European debt crisis may have stopped China's sovereign wealth fund from investing in government bonds, but it will seek other high-return projects.
SFE started the trading of China's first silver futures exchange. And the first batch of eight listed futures contracts received the amount of 349,100 hands.
The US Federal Reserve Board announced that it had approved a move that would allow three major Chinese State-owned banks to extend their footprint.
The Bank of China, China's third largest bank, announced Thursday that the US Federal Reserve had approved it to set up a branch in Chicago.
Hong Kong stocks fell 103.36 points, or 0.51 percent, to 20,227.28 on Thursday.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 7.94 points, or 1.1 percent, to close at 727.29 points on Thursday.
China's stock index futures closed mixed Thursday, with the contract for May, the most actively traded, down 0.08 percent from the previous trading day to 2,663.4 points.
Chinese shares closed mixed Thursday, with the benchmark Shanghai Composite Index up 1.64 points, or 0.07 percent, to 2,410.23.
CBRC plans to set out official guidelines to define each of commercial banks' service item for which the public can be charged.
Stocks on the Chinese mainland fell, dragging the benchmark index down by the largest amount in six weeks on concerns that Chinese export growth may further slow .
The US Federal Reserve approved ICBC to purchase Bank of East Asia USA, and two other large Chinese banks to expand business in US market.
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