The China stock market bounced higher again on Friday, one session after ending the four-day winning streak in which it had gathered more than 80 points or 2.6 percent. The Shanghai Composite Index ... ( read original story ...)
China’s US$1.3 trillion stock rebound rewards contrarian funds with three barriers challenging path to next level
A technical barrier is approaching as the Shanghai Composite Index attempts to scale 3,400 points, a level associated with large trading volume and price retreat While China could adapt its zero-Covid ... ( read original story ...)
Shanghai reimposes dine-in ban and punishes officials over lapse
Shanghai re-imposed a ban on dine-in services at restaurants in most districts while a dozen local officials were punished for a management lapse at a quarantine hotel, as infections in the financial ... ( read original story ...)
Banking exec fired after video captures violent outburst at Koreatown restaurant
Roman Cambell tried to force his way into Shanghai Mong in New York City in the early hours ... Ms Yi told The Independent the banking executive threw about 10 punches at server Jose Morales. “He ... ( read original story ...)
Beijing and Shanghai resume mass testings as Covid-19 cases rise again
Beijing and Shanghai both resumed mass testing for Covid-19 as new community outbreaks of the virus emerged just days after the two key Chinese cities eased social curbs that had been in place for ... ( read original story ...)
Ant rumours put IPO back in focus
Ant, backed by Chinese billionaire Jack Ma, was forced to pull the plug on a US$34.4bn Hong Kong and Shanghai IPO in November 2020, less than 48 hours before shares were due to begin trading, after ... ( read original story ...)
China new bank loans nearly triple in May as Beijing steps up policy support
New bank lending in China jumped far more than expected in May and broader credit growth also quickened, as policymakers try to reverse a sharp, COVID-induced economic slump. ( read original story ...)