However, Shanghai registered a slight increase in its permanent population in terms of household registrations, up by more than 120,000, thanks largely to its ability to attract skilled workers. More ... ( read original story ...)
Surging Chinese stock market turnover fuels optimism that long-awaited bull run is on the horizon
About 1.3 trillion yuan (US$190 billion) worth of shares changed hands on the Shanghai and Shenzhen stock exchanges on April 4, the highest since last June. "The surging A-share turnover signals that ... ( read original story ...)
China tech bets unseat ‘reopening trade’ as hottest stock market punt as AI frenzy continues amid weak economic recovery
Trading in China’s technology stocks has become so frantic that a single day’s turnover recently outstripped transactions in the entire Hong Kong market by more than four times. ( read original story ...)
Shanghai unveils measures to attract foreign investment
Shanghai announced 41 policies and measures to boost foreign trade and investment through high-level opening-up and high-quality development. Shanghai launched two comprehensive sets of 41 policies ... ( read original story ...)
Banking crisis shows need for ‘conservative’ payouts -EU banking watchdog
SHANGHAI (Reuters) - Pfizer and Merck have slightly lowered the prices of their respective Paxlovid and molnupiravir COVID-19 treatments in China, local... JAKARTA (Reuters) -Indonesian state oil firm ... ( read original story ...)
Asia markets mostly rise as Australia’s central bank holds rates steady, Aussie falls
Asian markets traded mostly higher after the RBA held its cash rate steady – Australian stocks rose while its currency fell. ( read original story ...)
European, US Banking Crisis Won’t Disrupt Bocom’s Overseas Plans, Executive Says
(Yicai Global) April 3 -- The recent European and US banking crisis will not affect Bank of Communications’ internationalization strategy, according to an executive at the Chinese lender. ( read original story ...)