“The slump in the stock market will definitely impact progress of the new tech board,” said Jiang Liangqing, a Beijing-based fund manager at Ruisen Capital Management. “If the Shanghai benchmark falls ... ( read original story ...)
Stock-market strategist says Wall Street should shake off Trump trade anxieties and ‘buy this dip’
Buy this stock-market decline on Monday. That’s the recommendation of ... 4.61% tumbled 5.8% and the Shanghai Composite Index SHCOMP, +0.69% lost 5.6% on Monday. Domestic markets also got whacked, ... ( read original story ...)
Online education platform Hujiang’s Hong Kong IPO application expired: report
An application for Shanghai-based online education firm Hujiang’s initial public offering (IPO) may have expired, reported Chinese financial blog, IPO Zaozhidao, on Tuesday. Hujiang filed the IPO ... ( read original story ...)
China Nowhere Close to Becoming a Global Financial Center for Many Reasons
It's 2019 and China isn't close. US bankers say, Chinese capital controls mean Shanghai is not a global financial hub. Restrictions on the movement of capital in and out of China have scuppered ... ( read original story ...)
Stock-market strategist says Wall Street should shake of Trump trade anxieties and ‘buy this dip’
Buy this stock-market decline on Monday. That’s the recommendation of ... 5.53% tumbled 5.8% and the Shanghai Composite Index SHCOMP, -5.58% lost 5.6% on Monday. Domestic markets also got whacked, ... ( read original story ...)
Chinese Media Downplays Trump’s Tweets, Market Plunge
Donald Trump is testing the limits of China’s bull market ... resorting to short-term boosts to stock prices,” said Raymond Chen, a Beijing-based portfolio manager with Keywise Capital Management ... ( read original story ...)
Stock market woes in China and Hong Kong spill over to Asia as Trump’s surprise tweet rekindles concerns of escalating trade war
The Shanghai Composite Index slid 3.7 per cent ... yuan contracts plunged by the most in more than three years. China’s market woes spilled over to the rest of Asia, sinking stock indexes from Seoul ... ( read original story ...)