China and Hong Kong stocks started the week on a firm note after upbeat data pointed to a continued recovery in the world’s second-largest economy, with the establishment of a China-backed trade bloc ... ( read original story ...)
Ant Group’s IPO ‘hiccup’ and tech sell-off brushed off by investors amid rush to tap into China’s rebounding economy
Appetite remains strong to tap mainland China’s future growth even after the collapse of Ant Group’s IPO, investors say. ( read original story ...)
Hong Kong plans to shorten IPO settlement time to one day
The consultation paper also proposes changes aimed at reducing the impact of IPOs on Hong Kong dollar liquidity. Interbank lending rates surged in the build-up to Ant Group's $37 billion joint Hong ... ( read original story ...)
Stock Market breadth regained its strength
The Shanghai index increased by 1.11%. The Dow Jones' market breadth regained its momentum. 87% of the Dow Jones stocks traded above their 200-day moving average. This is a change of +4% from a day ... ( read original story ...)
Covid-19 vaccine hope brings tailwind to Chinese airlines as CICC predicts a doubling in stock valuation
The promising outlook for a Covid-19 vaccine has powered a rally in Chinese airlines and airport operators, prompting stock analysts to make bold predictions about the pandemic-stricken air travel ... ( read original story ...)
China c.bank tries to soothe market nerves after SOE debt shocks
China's central bank injected more than $120 billion yuan into the country's banking system on Monday in a move to soothe rattled nerves after a series of debt shocks involving state-owned enterprises ... ( read original story ...)
Shanghai Electric’s MSCI ESG Rating Upgraded to BB, Highlighting Its Continued Improvement on ESG Developments
PRNewswire/ -- Shanghai Electric (the "Company") (SEHK: 02727, SSE: 601727), the world's leading manufacturer and supplier of electric power ... ( read original story ...)