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Category: FINANCE

Posted on 16/09/2023

China’s desperate stock traders keen for policy ‘bazooka’ to rouse US$10 trillion bear market from slumber

Many of mainland China's 220 million retail investors are not convinced the government's recent support measures are enough to ensure long-term recovery Sentiment has been shaky for some months, as expectations of a strong post-Covid economic recovery failed to materialise Software engineer Jacky Jia has been paying more attention than usual to his stocks ...

Posted on 16/09/2023

China’s tech, media and telecoms IPOs fall in first half of 2023, but new capital market policies and nation’s economic recovery to boost sector’s outlook: PwC report

There were 66 mainland TMT enterprises that went public in the first half of the year, down from 124 in the second half of 2022 Domestic exchanges were TMT firms' main IPO venues, with 39 per cent ... ( read original story ...)

Posted on 15/09/2023

China’s tech, media and telecoms IPOs fall in first half of 2023: PwC report

Domestic exchanges, according to PwC, remained the main listing destination for most of these TMT firms, with 39 per cent and 20 per cent of IPOs conducted in Shanghai’s Nasdaq-style Star Market and ... ( read original story ...)

Posted on 15/09/2023

Stock market today: Asian shares gain after data show China’s economy stabilizing in August

Asian shares are mostly higher after China reported that its slowing economy showed signs of stabilizing in August ... ( read original story ...)

Posted on 15/09/2023

Chinese Mainland TMT Firms’ IPO Fell in Number, Raised Amount in First Half, PwC Report Shows

Sixteen TMT companies got listed in Hong Kong and overseas in the first half of the year, raising around CNY4.1 billion, accounting for 5 percent of the total IPO proceeds in the period. ( read original story ...)

Posted on 15/09/2023

Stock market today: Asian shares gain, led by China after Beijing eases required bank reserves

Asian shares advanced Friday, with solid gains for Chinese markets after the central bank eased the reserve requirements for banks to encourage more lending and prop up the slowing economy. Hong ... ( read original story ...)

Posted on 15/09/2023

China Stock Market May Add To Its Winnings On Friday

The China stock market on Thursday snapped the two-day losing streak in which it had fallen almost 20 points or 0.6 percent. The ... ( read original story ...)

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