Shanghai consumers lost confidence in the fourth quarter ... Global political changes, delayed impact of an economic recovery, continued yuan depreciation and a weak stock market combined to hurt consumer confidence, said Xu Guoxiang, director of the ... ( read original story ...)
Asian stock markets mixed; Nikkei 225 marginally down
Hong Kong’s Hang seng was trading 0.31% higher at 22,969 points. Shanghai composite index up 0.10% at 3,139 points, while SGX Nifty increased by 0.17%. Jakarta Composite and SET Composite was trading higher by 0.54%, Straits Times is up 0.42%. ( read original story ...)
A Peek Into The Markets: U.S. Stock Futures Flat Ahead Of Earnings Reports
U.S. stock futures traded mostly flat in early pre-market trade, ahead of earnings from several earnings ... Hong Kong’s Hang Seng Index rose 0.22 percent, China’s Shanghai Composite Index gained 0.18 percent and India’s BSE Sensex rose 0.95 percent. ( read original story ...)
UPDATE 1-China c.bank raises interest rates on MLFs, bond prices slip
SHANGHAI, Jan 24 China's central bank on Tuesday raised the interest rate on a key liquidity tool, the medium-term lending facility (MLF), as it rolled over maturing loans, triggering a fall in prices of benchmark bond futures. The People's Bank of China ... ( read original story ...)
Three China IPOs suspended from trade after surging by maximum-permitted 44 pc in debut action
The Beijing-based broker raised 4.09 billion yuan through its IPO, which was priced at 6.81 yuan per share. The benchmark Shanghai Composite Index closed at 3,136.78 on Monday, up 0.4 per cent. Jilin JLU Communication and Guangdong Xiongsu Technology were ... ( read original story ...)
China central bank's temporary liquidity support a new tool, sends neutral policy signal – paper
SHANGHAI A move by China's central bank to provide temporary liquidity support marks the creation of a new policy tool designed to ease seasonal cash shortages, while sending the signal that monetary policy remains stable and neutral, the Financial News ... ( read original story ...)
Shenzhen-Hong Kong Stock Connect to see warmer investor response if yuan stabilises
In contrast, the Shanghai-Hong Kong Stock Connect (SH Connect), a similar scheme that ... “The SZ Connect has seen a more calm response from the market, which was partly due to different timing,” said Li Kongyi, an analyst from Fortune Securities. ( read original story ...)