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Category: FINANCE

Posted on 17/08/2018

Why the drop in China’s stock market might not reflect its economic reality

Kudlow may simply have been looking at the decline in the Shanghai stock market. But the Chinese stock market is not very efficient and does not necessarily reflect underlying economic realities. But ... ( read original story ...)

Posted on 17/08/2018

Shanghai stocks end at 31-month low as healthcare firms slump

The Shanghai stock index is below its 50-day moving average and below ... About 11.24 billion shares were traded on the Shanghai exchange, roughly 81.5 per cent of the market's 30-day moving average o... ( read original story ...)

Posted on 17/08/2018

Shanghai, Alibaba, and Ant Financial sign new strategic partnership agreement

Shanghai, Alibaba, and Ant Financial have signed a strategic cooperation agreement to boost the integrated development of the Yangtze River Delta. According to local media reports (in Chinese), under ... ( read original story ...)

Posted on 17/08/2018

China Biotech I-Mab Is Said to Target Up to $500 Million in IPO

The Shanghai-based company plans to submit an application to the Hong Kong stock exchange next week, the people said, asking not to be identified because the information is confidential. I-Mab aims to ... ( read original story ...)

Posted on 17/08/2018

China wants foreigners to help boost flagging stock market and push its opening agenda

At the same time, authorities are keen to boost a stock market that has struggled in the face of a slowing economy and a falling yuan currency, as well as the pressures from the US trade tariff onslau... ( read original story ...)

Posted on 16/08/2018

Exclusive: China central bank bars some offshore lending in latest move to support yuan

The restrictions, announced by the Shanghai branch of the People’s Bank of China (PBOC) on Thursday morning, have closed off channels used to deposit and lend yuan offshore through the trade zones as ... ( read original story ...)

Posted on 16/08/2018

China’s economy more secure with abating financial risks

Nanjing Iron and Steel Co exemplifies China's efforts to rein in its financial risks. After winning another order to supply around 1,900 tons of steel to the Persian Gulf country, the Shanghai-listed ... ( read original story ...)

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