That's the lesson now being learned by Bright Smart Securities & Commodities Group Ltd. (1428.HK), a Hong Kong-based stock brokerage, as clouds appear be gathering over its plan to be acquired by Ant ... ( read original story ...)
Chinese stocks near highest level in decade, with market cap totaling 100 trillion yuan
Chinese stocks closed higher on Monday, with the Shanghai benchmark index closing at its highest point in nearly a decade on Monday and the market capitalization of A-share listed companies surpassing ... ( read original story ...)
Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what would represent a significant departure from its previous stance on ... ( read original story ...)
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ... ( read original story ...)
China’s Rally Spreads Beyond AI and Banking Stocks
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record ... ( read original story ...)
Shein IPO snags put China-goes-global on notice
The fast-fashion group moved to Singapore to look more international but couldn't secure a public debut abroad. So Shein might now return to the mainland to facilitate a Hong Kong listing. It's a ... ( read original story ...)
Chinese Stock Rally Broadens Out as Momentum Picks Up
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record ... ( read original story ...)