Post Tagged with: "China stock market"

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

China?s faltering stock markets, compounded by an economy that is growing at its slowest pace since 1990, have incited a heated debate among think tanks and analysts on whether Beijing should step in to help shore up investor confidence. The benchmark Shanghai Composite Index ? the world?s worst performer among […]

China is poised to grant more majority-owned licenses to Wall Street banks in the next six months, regulator says

China is poised to grant more majority-owned licenses to Wall Street banks in the next six months, regulator says

A top Chinese regulator said more approvals will be given in the next six months to global banks seeking majority ownership in their local securities ventures, as authorities vowed to allow foreign firms greater access to its US$40 trillion financial sector. ?We do have a few companies in the process […]

China and Hong Kong stocks maintain gains ahead of economic data release and trade talks resumption

China and Hong Kong stocks maintain gains ahead of economic data release and trade talks resumption

Chinese and Hong Kong stocks rose on Friday, with both benchmarks capping weekly gains, as investors keep an eye out on preliminary January economic data and high-stakes US-China trade talks due next week. The Shanghai Composite Index added 0.4 per cent to 2,601.72 at the close, and the Hang Seng […]

Bond default by China?s best-performing stock this year sends shares slumping in Shanghai

Bond default by China?s best-performing stock this year sends shares slumping in Shanghai

The one-way ride on the most speculative stock on China?s market this year seems to be unravelling. Shares of Wintime Energy, the best performer on the CSI 300 Index with gains exceeding 60 per cent in 2019, tumbled by as much as 9.8 per cent to 1.84 yuan in Shanghai […]

Shanghai?s hotly anticipated tech board vital to China?s global financial ambitions, says top official

Shanghai?s hotly anticipated tech board vital to China?s global financial ambitions, says top official

Chinese authorities said they have approached a ?handful? of potential IPO candidates for the hotly anticipated new technology board in Shanghai and will soon release draft rules for listings. The rules, to be sent out for a period of public consultation, will govern the listing threshold, trading mechanism and IPO […]