Equity benchmarks rallied over 1 per cent on Friday due to heavy buying in banking and financial counters amid mixed trend in the global markets. Photograph: PTI Photo The 30-share BSE benchmark ... ( read original story ...)
China’s exchange bond market to launch market-making business – securities regulator
China will launch market-making business on its exchange bond market from Feb. 6 to improve the market's functions, China's securities regulator said on Friday.The move can reduce bond issuance costs ... ( read original story ...)
China’s latest IPO reform unlikely to flood markets with new issuance, bankers say
China's move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of state intervention on national ... ( read original story ...)
ETH to Retarget $1,750 on US Jobs Report and Shanghai Hard Fork News
Market sentiment toward the Shanghai hard fork delivered ETH support while BTC joined the broader crypto market in the red. ETH and BTC also had a mixed start to the Friday session. Ethereum (ETH) ... ( read original story ...)
Shanghai Mayor visits three leading private firms in a day, expects them to play bigger role in consumer recovery
On Thursday, Shanghai Mayor Gong Zheng visited local services giant Meituan, fintech giant Ant Group, and lifestyle-sharing platform Xiaohongshu. This is the latest sign that local governments are ... ( read original story ...)
Worst Year for Chinese Steel Mills Since 2016 Gives Way to Hope
China’s steel mills are gearing up for a brighter year as prices of the construction material recover on optimism that an economic rebound and measures to revive the property industry will boost ... ( read original story ...)
Five things to know about China’s latest IPO system overhaul
China is about to take a major step forward in the overhaul of the country's $12.7 trillion stock market with plans to roll out its registration-based IPO system to the country's two biggest boards in ... ( read original story ...)