BRIEF-Guotai Junan Securities to pay cash dividend of 3.9 yuan per 10 shares for 2016
* Says it will use undistributed profits to pay a cash dividend of 3.9 yuan (pre-tax) per 10 shares to shareholders for 2016
TAIPEI, Feb 10 Taiwan stocks rose on Friday boosted by optimism over recent foreign investors' buying and in line with overseas markets, to their highest in more than 20 months. As of 0154 GMT, the main TAIEX index was up 0.7 percent at 9,660.18, its highest since June 1, 2015. In the previous session, the index ended 0.5 percent higher, to its strongest closing since early June 2015. Foreign investors were net buyers in Taiwan stocks on Thursday. They account for about a third of all stock trading. The electronics subindex climbed as much as 0.5 percent, while the financials subindex gained up to 1.4 percent. Among actively traded financials, Shin Kong Financial Holding Co Ltd rose as much as 9.7 percent, while Cathay Financial Holding Co Ltd advanced up to 3.6 percent on bargain hunting after recent losses. The Taiwan dollar softened T$0.066 to T$31.112 per U.S. dollar. (Reporting by J.R. Wu; Editing by Sherry Jacob-Phillips)
HONG KONG, Feb 21 The overnight implied deposit rate for offshore yuan rose to more than 6 percent on Tuesday, its highest level since Jan. 6.
SHANGHAI, Feb 21 China's banking regulator is allowing banks in the southern Chinese province of Guangdong to count negotiable certificates of deposit with a tenor of more than 90 days as part of their minimum regulatory capital requirement, three sources with direct knowledge of the move said.