The blue-chip CSI300 index closed 1.2 per cent lower at 5,190.54, snapping a five-day winning streak, while the Shanghai Composite Index shed 0.9 per cent to 3,573.18. ( read original story ...)
World Bank: 8.5% GDP growth projected for China in 2021
China's GDP growth is projected to reach 8.5 percent on a yearly basis in 2021, thanks to the pent-up demand and strong exports, according to the World Bank, which updated the economic forecasts in ... ( read original story ...)
Asian stocks fall for 2nd day after new Wall St record
Overnight, Wall Street's benchmark S&P 500 index rose 0.2% as gains for Facebook, Nvidia and other tech stocks offset losses for other industries. Investors are swinging between optimism about a ... ( read original story ...)
MORNING VIEW: Base metals down in London and Shanghai – spread of delta variant a headwind
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were weaker across the board this morning, Tuesday June 29, with the spread of the Covid-19 Delta variant a ... ( read original story ...)
How Jack Ma’s problems can help fintech in S’pore
Much has been written in the past months about the problems that Jack Ma, China’s maverick billionaire behind Alibaba, ran into last year. His comments on the Chinese regulatory environment for ... ( read original story ...)
Jinko and Canadian Solar prepare for Shanghai floats
PV manufacturers and project developers JinkoSolar and Canadian Solar have both submitted their application documents for listings on the ‘STAR market' tech section of the Shanghai Stock Exchange, ... ( read original story ...)
Dingdong Maicai cuts US IPO target by 74%
Dingdong’s downsizing signals a cooling appetite for Chinese online grocers as the sector grows more competitive and attracts regulatory attention ... ( read original story ...)