The proposed rules, which are open to public feedback until February 19, are the most detailed yet of the financial regulators’ plan to curtail market concentration in China’s US$29 trillion e-payment ... ( read original story ...)
Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
Chinese tycoon Jack Ma has resurfaced, giving a virtual speech to rural teachers in China after nearly three months out of the public eye. ( read original story ...)
Chinese Banking Stocks May Be the Next to Shine After Better-Than-Expected Fourth Quarter
Shares of Chinese banks are predicted to play catch-up with the wider market rallies this year as their fourth-quarter earnings are turning out better than expected. Amid the broader market's loose ... ( read original story ...)
China shares rise on c.bank’s liquidity boost; EV, healthcare stocks shine
China shares rose on Wednesday, led by gains in electric vehicle and healthcare stocks, as the central bank kept liquidity abundant to further support economic recovery from COVID-19. ( read original story ...)
Rebound Anticipated For China Stock Market
(RTTNews) - The China stock market on Tuesday ended the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Shanghai Composite Index now sits just above the ... ( read original story ...)
Chinese Investors Pull More Than $3 Billion From Funds That Missed Out on Ant IPO
Millions of individual investors in China withdrew more than $3 billion from five mutual funds that previously touted access to Ant Group’s blockbuster IPO, drastically shrinking the funds just two ... ( read original story ...)
Exclusive: Rabobank to close London, Shanghai and Sydney trade finance operations
Rabobank plans to streamline its trade and commodity finance offering by terminating operations in London, Shanghai and Sydney, GTR can reveal. In a letter to clients sent on January 11, the ... ( read original story ...)