Category: FINANCE

Asian stock markets slumped Wednesday as jitters spread over Italy's escalating political crisis and renewed US-China trade tensions. Japan's Nikkei and Hong Kong's Hang Seng both fell around 1.5%, while the Shanghai ... Jingyi Pan, a market strategist ... ( read original story ...)

Just as the Shanghai-Hong Kong Stock Connect offered overseas investors access to the mainland China market via Hong Kong, the new Shanghai-London Stock Connect will make China access more readily available to other European investors. This is not to say ... ( read original story ...)

“The Chinese stock market is going through a W-shape trajectory,” 58-year ... confidently asserting a view that few experts would echo. Shanghai's present-day stock exchange was launched in 1990 and ordinary investors were allowed to invest soon ... ( read original story ...)

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1250 to 124 and 5 ended unchanged. Shares in Songcheng Performance Develop (SZ:300144) rose to 52-week highs; rising 6.13% or 1.27 to 22.00. Shares in Shenzhen Hifuture Electric ... ( read original story ...)

SHANGHAI (Reuters) - China’s banking regulator is carrying out nationwide inspections on financial institutions such as trusts to check on their shadow banking and interbank activities, the China Securities Journal reported on Wednesday citing industry ... ( read original story ...)

Banking shares slumped on Tuesday. Industrial & Commercial Bank of China Ltd. lost 2.3 percent as of the 11:30 a.m. break in Shanghai, set for the biggest drop in more than a month, while China Merchants Bank Co. paced declines in Hong Kong with a 1.5 ... ( read original story ...)

“Bond connect is a perfect way to achieve one of our objectives – to broaden and deepen the investor base for us,” he told reporters on the sidelines of the bank’s annual meeting in Shanghai on Monday. The bond issuance, which follows the NDB’s 3 ... ( read original story ...)