Santander launches soft credit checks for mortgages

Santander launches soft credit checks for mortgages

Brad Fordham, director of mortgage distribution at Santander UK, said the move will provide customers with the peace of mind that their credit rating will not be affected at the early stages of applying for a mortgage. Mr Fordham said: “We are very pleased to be introducing soft credit checks for our
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Mortgage start-up lets space at The Deep

Digital mortgage broker Hoocht has agreed a deal to take space at The Deep Business Centre. Hoocht is the brainchild of Beverley-born Rich Wynn, a mortgage broker who has worked for major players including London & Country and Barclays and has already built MortgageCube, a successful
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Fortescue appeals against native title ruling in the Pilbara

On Monday the company said it had lodged a notice of appeal against the judgment, ensuring the long-running native title dispute will continue. Fortescue previously said the court decision had no effect on the mining tenure at the Solomon Hub. Its chief executive, Nev Power, said on Monday that the
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Sick and Tired of Schumer and Others Continually Lying about Tax Cuts and Debt

Goldman Sachs, Countrywide and others could sell these junk assets to Fannie and Freddie because of the triple AAA ratings. … Because Fannie Mae and Freddie Mac made a market for subprime mortgages the lenders did not have to worry about of the soundness of the mortgage contract they wrote.
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Introducing 'CryptoKitties,' the New Digital Pets Taking Ethereum by Storm

The Ethereum logo is displayed on an automated teller machine in Tokyo, Japan, on Aug. 30, 2017. Tomohiro Ohsumi—Bloomberg/Getty Images. By Joseph Hincks. 3:12 AM EST. Holders of the cryptocurrency Ethereum had spent more than $2 million on virtual kittens by Sunday night, bought and sold
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CIBN boss blames weak economy on banks' lending practices

“Accordingly, banks should restructure their operations and business templates to directly source longer-term funds in the form of equity, debentures, bonds, tenured deposits to enable them to lend for a longer duration. The current situation wherein bank deposit portfolio is skewed towards short-term
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Should Investors Take A Bite Out Of Blackstone Mortgage Trust, Inc. (BXMT)?

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) closed December 01 at $32.01, down -2.88% or $0.95 from its record high price of $32.96. Looking at the other side of the coin, BXMT traded as low as $29.73 in the past 52 weeks, and since then the shares have risen 7.67% or $2.28. The recent price
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Lenox resident tries to start 'Berkshire property-owner rights' nonprofit amid short-term rental debate

Lenox resident tries to start 'Berkshire property-owner rights' nonprofit amid short-term rental debate …. Miller, the land use director and town planner, questioned whether available year-round housing is taken off the market for use as short-term rentals, “and how does this impact the character of our
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Dark Knight's Absolute Skills: Skill details and KR players' comments

PvP damage for Absolute: Obsidian Ashes and Absolute: Wheel of Fortune was nerfed on the next day. The damage for Absolute: Obsidian Ashes has decreased 20.05%, and the damage for Absolute: Wheel of Fortune has increased 18.1%. Below are KR players' comments on the new Absolute skills
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Castleton takes over Kinetic

… of software solutions to the community housing sector in Australia, for an initial cash consideration of $2.0m and a deferred cash payment of A$0.5m. … said: 'This strategic acquisition enables us to capitalise on the significant opportunities that Australia's growing community housing sector presents,
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FMG to appeal native title ruling

Fortescue Metals Group will appeal the Federal Court ruling granting exclusive rights to the Yindjibarndi people over Pilbara land where the company operates its Solomon hub. The decision, which was handed down in July, leaves the door open for the the Yindjibarndi Aboriginal Corporation to seek
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New rules to shake up China's cash loan industry: analysts

Under the new rules specified by the regulators on Friday, those unlicensed platforms with high lending interest rates and abusive debt collection have been defined as illegal and will have to leave the market in the future, according to Yin Zhentao, a researcher with the Chinese Academy of Social
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Growing Interest In Secondary Markets: A Warning Sign For Real Estate?

Secondary real estate markets were slower to recover than primary markets after the financial crisis and recession; recently, prices have been accelerating faster than in primary markets. A rise of interest in secondary markets in the years before the crash are now seen as a possible warning sign of
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Will Selena Gomez's Instagram Army Buy Coach Handbags?

Tapestry Inc. has splashed out millions of dollars to sign up the singer and actress to be the face of the brand and launch a product range. She might have 130 million Instagram followers, but will she drive handbag sales? That is the question not just for Tapestry, but for the companies from Adidas AG to
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FMG to appeal against Solomon native title ruling

The company said it would continue to provide training, employment and business development opportunities for Aboriginal people to ensure that communities benefit from its growth and development. Fortescue has said previously the Federal Court's July ruling could have significant ramifications
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Regulating Shadow Banking


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Mori bets on luxury condo demand in Tokyo

Mori Building's competitors Nomura Real Estate Holdings Inc and Mitsui Fudosan Co are also developing high-end apartments as foreign interest in Japanese property rises. Tokyo's market for luxury residences lags behind other major global centers by both supply and price, although that's beginning
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Three Flavors of Infosys to Tempt New CEO

Infosys Ltd.'s incoming CEO Salil Parekh faces three choices: He can create a more valuable company, return cash to shareholders, or kick the can to a new set of owners. Unlike his predecessor, who got into a messy skirmish with the firm's still-powerful cofounders, Parekh will have some latitude to
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Canadian billionaire reportedly spending $120M on a beachfront mansion in Malibu

It's been a bumper year for LA's ultra-luxury real estate market. Beyoncé and Jay Z paid $90 million for a hotel-like mansion in Bel Air in August, and Dodgers owner Mark Walter nabbed David Geffen's Carbon Beach estate for $85 million a few months before that. But a new Malibu sale may top them all.
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Podemos May Hold the Key to Controlling Catalonia After Election

The anti-establishment party Podemos is poised to become a key part of the puzzle when Catalan politicians come to piece together a new government after this month's regional election. Polls suggest it's a toss-up whether the three Catalan separatists parties retain their majority after the vote on Dec.
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We have a new mortgage and would like to travel for a year. Can we do it?

We have a new mortgage and would like to travel for a year. Can we do it?

Q I would be very grateful for any advice you can offer regarding having a mortgage but wanting to go travelling for a year. My partner and I got a mortgage to buy our flat last year. We are currently both in full-time jobs but are thinking it would be nice to take a year out and go travelling. We (naively)
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Fortune favours NZ as Windies crash to innings defeat

Wellington – Fortune favoured New Zealand, according to captain Kane Williamson after they cleaned up the first Test against the West Indies by an innings and 67 runs on day four in Wellington on Monday. The West Indies collapsed spectacularly in their second innings to be all out for 319.
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Fortescue appealing native title decision

Fortescue Metals Group is appealing against a native title ruling covering more than 2700sq km of Pilbara land in WA, including where the company operates its Solomon iron ore mine. When the Federal Court recognised the Yindjibarndi people as having exclusive rights to the land in July, the
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BRIEF-Raysum sells Tokyo-based real estate property

… * Says it sells Tokyo-based real estate property (including land and building) on Dec. 4, at an undisclosed price. Source text in Japanese: goo.gl/8aYoYF. Further company coverage: (Beijing Headline News). Our Standards:The Thomson Reuters Trust Principles. 1024 : 1124. narrow-browser-and-
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Versarien plc Agreement with Fortune 100 company

Versarien plc (LON:VRS), the advanced materials engineering group, is pleased to announce that it has signed an agreement with a US headquartered global chemical supplier (the “Partner”), which will allow to both companies to begin collaborating across a number of projects. The Partner, a Fortune
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World's most richly valued lender has an unhappy secret

Its halo would thus slip, and the charge of being less than truthful that I've leveled at other non-state Indian lenders — Axis Bank Ltd., ICICI Bank Ltd. and Yes Bank Ltd. — would … The RBI can't arbitrarily force some lenders to appear less than truthful, while sparing others the humiliation of a mea culpa.
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Hocking Stuart Doncaster fined for underquoting, breach of consumer law

A MELBOURNE branch of real estate agency Hocking Stuart has been fined $160,000 for breaching consumer laws by “plainly deliberate” underquoting. … Murphy as “serious” and “plainly deliberate”, concerned nine residential eastern suburb properties it advertised in property magazines and online.
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H&R Real Estate Investment T (HRUFF): Wilder MA Below SMA 50 on This Stock

Zooming in on the numbers for H&R Real Estate Investment T (HRUFF), we have spotted the 21 day Wilder Moving Average below the 50 day SMA. Traders may be monitoring this reading to spot near-term sluggish momentum. Investors may use multiple technical indicators to help spot trends and
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BRIEF-Al-Salam Real Estate Investment Trust Signs Agreements To Buy 22 Properties in Malaysia

BRIEF-Al-Salam Real Estate Investment Trust Signs Agreements To Buy 22 Properties in Malaysia. Reuters Staff … ON NOV. 30, CO ENTERED 3 AGREEMENTS TO BUY 22 PROPERTIES ACROSS MALAYSIA FOR 115 MILLION RGT ​ Source text: (bit.ly/2AnkL2t) Further company coverage:.
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Uber Tries to Mend Ties With Regulators by Joining a Public Transport Association

Ride-hailing app Uber (uber, +0.00%) said Monday it was joining a global public transport association to improve mobility in the cities it operates in. Uber also said it was joining the International Association of Public Transportation (UITP) to connect more people to public transport. Andrew Salzberg
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Wealth Management Banking Specialist-Full Time-Miami, FL , Miami, FL, United States

They will focus the majority of their time deepening relationships by connecting clients to our checking, savings and credit card solutions, engaging them with our digital banking capabilities and leveraging our referral model to other lines of business Specialists. Candidates for this role will work with the
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MarketInk: Greenhaus Adds Two New Real Estate Clients

She also is a graduate of CSU San Marcos' Leadership North County program, and is credentialed by the California State Association of Counties for excellence in senior leadership for county government. Peterson is a member of San Diego Regional Chamber of Commerce's Young Leaders, and
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HSBC is moving jobs from London to Paris, but Asian banks stay put even as Brexit looms

Robin Rivaton, general manager of Paris Region Enterprise, the agency in charge of promoting investments into Paris concedes that while HSBC and other financial institutions are moving jobs to the French capital after Brexit, Asian headquartered banks have not set up operations. In fact, analysts say
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How Not to Run a Sovereign Wealth Fund

Norway's $1 trillion sovereign wealth fund, which recently announced its intention to remove all oil and gas stocks from its benchmark, has the potential to be the world's pre-eminent investor. It enjoys more freedom than any other investor in the world, at least on paper. So why is it such a performance
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'Outlander' Recap: Claire Encounters a Face from the Past in 'The Bakra'

Geillis pressures Lord John into having his fortune read. Geillis says he has to give Margaret something of his to hold for the reading and he gives her his suit ornament with the sapphire. Margaret says, “When the issue is cut down, will a Scotsman wear the crown.” Geillis drags Mr. Campbell outside and
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Credit Agricole's Indosuez Buys Asia Private Banking Units

Credit Agricole's Indosuez Buys Asia Private Banking Units. By Nathan Allen Published December 04, 2017 Features Dow Jones Newswires. Facebook; Twitter; Print. Credit Agricole SA (ACA.FR) said on Monday that its wealth management subsidiary has completed the acquisition of Credit Industriel et
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Low income stratum must adopt digital banking to deepen financial inclusion — CBN

Head, Financial Inclusion Secretariat, CBN, Mrs. Temitope Akin-Fadeyi, said this at the 2nd Annual Conference of the Association of Mobile Money Agents in Nigeria, AMMAN, in Lagos with the theme: “Spurring Mobile Money And Agent Banking Activities: Opportunity Options For Financial Inclusion
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Bitcoin Futures Could Trigger a Lehman-Style Collapse, Billionaire Warns

According to billionaire Thomas Peterffy, CEO of the brokerage giant Interactive Brokers (ibkr, +1.88%), there's a small but very real possibility that a futures market for the volatile crypto-currency will cause the financial system to buckle and trigger a crisis similar to 2008. Peterffy told Fortune he's relayed
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Letter: Short term rentals

According to our market activity data, there is no evidence to support the claim that short term rentals artificially inflate housing prices. If there were such a result, it would have been readily evident in our area's longstanding vacation rental markets on Folly Beach, Isle of Palms and Sullivan's Island.
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UPDATE 2-Lexinfintech delays US IPO pricing as China reins in micro-loan sector -source

BEIJING, Dec 4 (Reuters) – Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said – a move that comes after Beijing issued new rules to tighten control of the micro-loan sector.
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Nova Home Loans AZ Bowl could be sellout w/ NMSU vs. Utah St.

Nova Home Loans AZ Bowl could be sellout w/ NMSU vs. Utah St.

NOVA® Home Loans has served the needs of homeowners and homebuyers since 1980. NOVA has branches throughout Arizona, Colorado, Nevada and California and was recently named among the Top 50 mortgage lenders in the country. NOVA® is also licensed to originate loans in Alaska, Florida,
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RBA hibernation set to continue as rates expected to remain on hold

We know that raising interest rates is a fairly blunt tool, so they would have been pretty reluctant to do that just to cool down the housing market. As for today's statement, ANZ economists will be “looking for any commentary around the housing market and whether they're comfortable with the level of
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French wealth manager Indosuez completes purchase of CIC's private banking business in …

SINGAPORE – Indosuez Wealth Management, the private banking arm of France's second-largest bank Credit Agricole, said on Monday (Dec 4) it has completed its acquisition of Credit Industriel et Commercial's (CIC) private banking business in Singapore and Hong Kong, having received approvals
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Lexinfintech delays US IPO pricing as China reins in micro-lending

Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said – a move that comes after Beijing issued new rules to tighten control of the micro-loan sector. China's financial regulators on
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FY2017 EPS Estimates for Charles River Laboratories International, Inc. Increased by Analyst (CRL)

Zacks Investment Research lowered shares of Charles River Laboratories International from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Robert W. Baird set a $117.00 price objective on shares of Charles River Laboratories International and gave the company a “buy” rating
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China Banking Stress Indicator Eased for Fifth-Straight Quarter

China's credit-to-gross domestic product “gap” declined to 18.9 percent in the second quarter from 22.1 percent in the first three months of this year, according to data released Sunday by the Bank for International Settlements in Basel, Switzerland. That's down from a high of 28.8 percent in the first
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Fortescue Metals Group appeals Solomon mine land title ruling

The company was later able to proceed with the mine without signing a land-use deal with the Aboriginal representative body. Fortescue instead funded a rival group, the Wirlu-Murra Yindjibarndi Aboriginal Corporation, which broke away from the YAC and has won lucrative contracts on the Solomon
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A Quiet Fortune column — The news: bad, better and great

Email me with your own “great news” story. Terrie Drake is the author of the book “A Quiet Fortune” and a retired teacher and librarian. She and her husband have lived in Glenwood Springs since 1974. She is not a financial adviser; consult a competent professional for your personal financial solutions.
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Battle for 'True' Bitcoin Is Just Getting Started

In August, the bitcoin world split in two when bitcoin cash broke away from bitcoin. It was the culmination of years of growing tension about how to improve the world's most popular cryptocurrency. The divide has set up a battle over which is the “ true” bitcoin, pitting rivals whose combined market value
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Young Europeans Lead a Revival of Optimism in Region's Future

Young Europeans are the most optimistic age group in the region, with a growing number saying they believe they'll be better off than their parents. It's a key finding in the latest Intrum European Consumer Payment Report, in which the Swedish debt collection company surveyed about 24,000 people in
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BofA's Brexit Planners Are Said to Have Mulled Bigger Paris Move

As reported by Bloomberg in September, the firm is looking to make Paris its new regional base for trading once the U.K. exits the European Union, initially sending roughly 300 people. One proposal from executives in the corporate and investment banking division, which Montag runs, called for about
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Asian banks see funding costs rise, making 2018 challenging

“Banks across the Asia Pacific in many cases will be challenged to maintain momentum on net interest margin primarily from a competitive standpoint in 2018,” said Gavin Gunning, senior director at S&P Global Ratings. “The banking sector regionally is becoming more competitive and in general that
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China Gets 300 Political Parties to Endorse Xi as Peacemaker

The signatures of almost 300 foreign political leaders on a document praising Chinese President Xi Jinping's contribution to world peace has provided him valuable ammunition to counter arguments by those who fear the country's rising international clout. The so-called Beijing Initiative was signed
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Global Faultlines Meet in Brussels

Some of the world's major fault lines will converge over two days and in the space of a few square miles, as Brexit, Catalonia's fight for independence and efforts to shore up the euro area all reach critical junctures in Brussels. European Union finance ministers sit down on Monday in the Belgian capital
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Business Notebook: Yule Log Cabin gets home feel honestly

Reliable Community Bancshares of Perryville, Missouri, applied for a license to operate Reliable Community Title Co. LLC, a title insurance and real-estate closing transactions company, at 1319 N. Mount Auburn Road in Cape Girardeau. Opening date is listed as Dec. 18. * Carmen Keith applied for a
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Cook Kisses the Ring

Tim Cook is desperate to hold onto any remaining scraps of the China market. That's a boon for the country's model for the internet, and the local players who dominate. The Apple Inc. CEO, who last year stood up to the U.S. Federal Bureau of Investigation, took to the stage at China's annual internet
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US Defies North Korea With War Drills Involving 230 Aircraft

A South Korean F-15K fighter jet takes off from an air base in Gwangju on Dec. 4. Photographer: Yonhap/EPA. The U.S. and South Korea on Monday began a five-day joint air exercise on the Korean peninsula involving 230 aircraft and 12,000 American troops, the allies said in a joint statement.
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Modi Adviser Says RBI Misguided on Inflation and Should Cut Rate

“The RBI has over-delivered on its inflation mandate,” said Abhishek Gupta, Mumbai-based India analyst with Bloomberg Economics. “Structural reforms are lifting potential GDP growth, but a tight monetary policy stance by the RBI is restraining consumption and investment demand.” The central bank in
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Big banks putting UK's free-to-use ATM network at risk, warns peer

“The public has a right to know where each of the major banks stands on these proposals and whether they are reneging on their commitment to support a widespread network of free-to-use ATMs,” said Lord McFall, adding that the network was taking a “leap in the dark” as it did not know what the impact
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Now Quants Want to Program Robots to Track Bitcoin as Smart Beta

Quant blended with cryptocurrency sounds like a cocktail poured in hell. But behind closed doors, a few intrepid souls in the investing world are starting to drink it. Part academic exercise, part arranged marriage of Wall Street fads, a handful of theorists and traders are looking at what investment factors
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British Travel Awards reveal the industry's best

British Travel Awards reveal the industry's best

Staying in the category of Best holiday company awards, Emirates Holidays took home two winnings for Best medium family holiday company and Best Luxury holiday company … British Airways was crowned the best European airline award, while Etihad took the title as best eastbound long-haul airline.
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Vancouver realtor hopeful Ontario decision could see BC home sales data published online

A Vancouver realtor is cheering an Ontario court decision that could one day allow B.C. consumers to find data such as how much a property sold for, online. On Friday, the Federal Court of Appeal upheld a 2016 Competition Tribunal ruling that found the Toronto Real Estate Board's (TREB) ban on
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General Finance Mortgage Commentary for December

This is a sensible strategy by the banks, as two or three years ago some of their lending was of poor quality, to say the least. At one stage, we were losing finance company lending proposals to our banking competitors, which was ridiculous. This has now stopped and we are in a more rational lending
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PSU banks write off Rs 55356 crore in six months

INDIA'S STATE-OWNED banks have written off loans worth Rs 55,356 crore in the first six months of fiscal 2017-18, according to data compiled by credit rating agency ICRA, as banks attempt to clean up their balance sheets after a string of defaults by firms and promoters in the wake of the economic
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Outlander Season 3 Episode 12: Claire and Jamie Face Ghosts from the Past

4) Margaret and Archibald Campbell are working for Geillis Duncan. Geillis hired Margaret for her fortune-telling skills, as she's still intent on seeing a Scottish king on the throne. Some sort of mysterious prophecy states that if someone like Margaret holds all three sapphires from the Silkie Island treasure
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China's top two banks won't lend to Adani's Australian coal mine

… this project,” ICBC, China's biggest listed lender by assets, said in a statement on its Australian website. “ICBC attaches great importance to its social responsibilities and keenly promotes 'green financing' … This statement is made without any view on or prejudice towards the Carmichael mine project.”.
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A little bit of data can go a long way!

The new age digital lending platforms are leveraging the upcoming technology, big data and machine learning innovations to provide tailor-made product and services to the SMEs and thus, increasing financial inclusion of the greater population across the globe. The implications are far more fruitful to
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Perry Ellis International Inc. (PERY) Receives $31.00 Average Price Target from Brokerages

Perry Ellis International Inc. (NASDAQ:PERY) has been given a consensus recommendation of “Hold” by the ten analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating
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Monday Morning Cup of Coffee: Senate passes major tax reform that impacts every mortgage facet

The biggest issue facing housing and mortgage finance, by far, is tax reform. For now there is no consensus, or clear guidance, on what tax reform will entail. In the middle of the night on Friday, the Senate passed a bill to completely overhaul the current tax system. Now, the House and the Senate will
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Price drop: Has your home been hit? Check out the latest valuations

Goodall said the report also showed how the market had changed in the three months since the July 1 date which the latest Auckland Council valuations were set at. “If there's a little bit of growth, they can assume their CV is lower than the actual value of their house. It is a very good measure to
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Lexinfintech delays US IPO pricing as China reins in micro-loan sector: source

BEIJING (Reuters) – Chinese consumer lending firm Lexinfintech [LX.O] will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said – a move that comes after Beijing issued new rules to tighten control of the micro-loan sector.
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49482 Shares in Weight Watchers International Inc (NYSE:WTW) Acquired by 361 Capital LLC

Rhumbline Advisers lifted its stake in shares of Weight Watchers International by 0.9% in the second quarter. Rhumbline Advisers now owns 32,595 shares of the company's stock worth $1,089,000 after buying an additional 302 shares in the last quarter. American International Group Inc. lifted its stake
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Global Online Financing Platform for SMBs Market 2017 – Lending Club, Ondeck, Peerform, Prosper

The latest report Online Financing Platform for SMBs by QY Research added to it's database and brings to light the comprehensive study and factual information of global market. The report also provides the global market segmentation based on applications, end-users, technology, and geography.
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Outlander: Is [Spoiler] the Savior Claire and Jamie Need?

It's a party of old faces on Outlander as Jamie (Sam Heughan) and Claire's (Caitriona Balfe) friends and foes all convene on the island of Jamaica. The couple finally made it to land in Sunday's episode, “The Bakra,” and were relieved to find out that Young Ian (John Bell) had been brought to port.
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HAP Trading LLC Purchases New Stake in Fortune Brands Home & Security Inc (FBHS)

Fortune Brands Home & Security logo HAP Trading LLC purchased a new stake in Fortune Brands Home & Security Inc (NYSE:FBHS) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,326 shares of the industrial products
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'No conflict of interest' for bank royal commissioner Ken Hayne

One of the issues with the appointment of a banking royal commissioner was that serving judges, or those who had already retired like Hayne, would invariably have a healthy exposure to the major banks in their share portfolios or superannuation accounts. Rumours began circulating in business circles
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Yen Is at Risk of Big Move, Like Euro in June, Evercore ISI Says

The second quarter of 2018 is shaping up to be a potentially sensitive time for the yen, when new — or newly reappointed — leaders at the Bank of Japan could opt to telegraph a tweak in monetary policy, according to Evercore ISI analysts.
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Robert Half International Inc. (RHI) Shares Bought by State of Wisconsin Investment Board

The institutional investor owned 173,340 shares of the business services provider's stock after buying an additional 13,098 shares during the quarter. State of Wisconsin Investment Board owned approximately 0.14% of Robert Half International worth $8,726,000 at the end of the most recent quarter.
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Citi Stays Bullish on Commodities While Warning of Risk in China

The Bloomberg Commodity Index has surged almost 10 percent since the second half of June on signs of tighter supply and stronger demand in everything from crude to cotton and gasoline to industrial metals. Raw material assets under management in the second half of 2017 grew nearly 20 percent to
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China's Stock Rally May Run Out of Steam Next Year

China's benchmark stock index will trade weaker than current levels for much of next year as an official deleveraging campaign crimps credit growth and keeps interest rates elevated, according to Bocom International Holdings Co.'s Hao Hong. The Shanghai Composite Index will move between 2,800
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