Post Tagged with: "stocks"

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 […]

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

What was shaping up to be a ho-hum market open in Singapore suddenly became the most dramatic session in years, with a haphazard spree of sell orders?causing a US$41 billion crash in the city?s biggest stock on Thursday. Jardine Matheson Holdings, the flagship investment firm of a 186-year-old conglomerate that […]

Worries about trade, global growth cap gains in Hong Kong, China stock markets

Worries about trade, global growth cap gains in Hong Kong, China stock markets

Worries about the US-China trade war and global growth kept gains in check on the Hong Kong and mainland stock markets on Thursday. The Hang Seng Index closed up 0.42 per cent, to 27,120.98, while the Hang Seng China Enterprises Index gained 0.56 per cent, to 10,691.00. On the mainland, […]