Category: FINANCE

“The market is unlikely to stage a comeback until the long-term negative impact of the trade war on the economy is removed.” The Shanghai Composite retreated ... of mainland-traded equities via the stock connect schemes with Hong Kong on Thursday ... ( read original story ...)

If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. ( read original story ...)

“Now the Shanghai Composite Index is in a bear market ... Recently, China’s mainland stock market became open to foreign investors. Last year, Beijing allowed foreign banks to operate in mainland China without partnering with a local bank or broker ... ( read original story ...)

Chinese stocks sunk into a bear market Tuesday, and analysts expect losses to deepen as concern over China’s economy, yuan weakness and a trade feud with the U.S. continue to rattle investors. The Shanghai Composite Index closed at 2,844.51 points ... ( read original story ...)

Chinese stocks led the way, with the Shanghai Composite Index falling 1.1% and Hong Kong ... But India, Asia’s third-largest economy, is an outlier. There, a resilient stock market makes it hard to recognize the threat of a trade war. ( read original story ...)

Financial experts, government officials and entrepreneurs from both China and Norway attended a seminar in Shanghai on Wednesday to further strengthen financial cooperation between the two countries. The seminar was organized by the Norwegian Consulate ... ( read original story ...)

Since January SPDB Credit Card Center’s total number of successful credit card applications using FICO originations has exceeded 9 million. Origination rate increased more than two fold to 88 percent of applications. SPDB has won the 2017 FICO Decisions ... ( read original story ...)