Asian equities were mixed overnight as Mainland China outperformed significantly and Hong Kong extended gains. ( read original story ...)
China releases estimated US$140b liquidity as it cuts amount banks hold in reserve to boost lending
China on Friday cut the amount banks must hold in reserve, releasing an estimated US$142.6 billion in liquidity into the financial market. ( read original story ...)
Shanghai Stock Exchange probing into slow confirmation of stock transactions
SHANGHAI - China's Shanghai Stock Exchange said Friday it is probing into the slow confirmation of stock transactions found after the opening of Friday's morning session. ( read original story ...)
Chinese stocks on track for best week since 2008 after stimulus blitz
Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. ( read original story ...)
Hong Kong, Shanghai extend surge as China optimism boosts markets
Hong Kong and Shanghai ploughed on with their China-fuelled rally Friday on hopes that Beijing will press on with new plans to boost the world's number two economy. Hong Kong soared more than three percent in opening trades before paring the gains, ( read original story ...)
Shanghai Exchange Hit By Slowdown As Demand Soars
The Shanghai Stock Exchange was hit by an "abnormal slowdown" in transactions on Friday, saying it was probing the cause of an issue that sent jitters through investors as they rushed in to pick up ... ( read original story ...)
China central bank cuts seven-day reverse repo rate to aid economy
China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, days after Beijing unveiled its biggest stimulus since the pandemic to support ... ( read original story ...)