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Category: FINANCE

Posted on 18/07/2023

Stock market today: Asian shares extend losses after China reports lower growth than expected

Australia's S&P/ASX 200 shed 0.3% to 7,276.00. South Korea's Kospi lost 0.5% to 2,606.19. Hong Kong's Hang Seng gave up 1.9% to 19,037.07, while the Shanghai Composite dropped 0.3% to 3,200.76. On ... ( read original story ...)

Posted on 18/07/2023

China Stock Market May Reverse Monday’s Losses

The China stock market on Monday snapped the two-day winning streak in which it had risen more than 40 points or 1.2 percent. The ... ( read original story ...)

Posted on 17/07/2023

China central bank keeps rate, rolls over medium-term policy loans

SHANGHAI/SINGAPORE (Reuters) -- China's central bank rolled over maturing medium-term policy loans and kept the interest rate unchanged as expected on Monday, however markets expect authorities will ... ( read original story ...)

Posted on 17/07/2023

Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q

The Shanghai Composite index dropped 1.2% to 3,199.17 after China reported its economy grew at a 6.3% annual pace in April-June. That’s better than the 4.5% expansion in the January-March quarter but ... ( read original story ...)

Posted on 17/07/2023

Balance of loans in Shanghai up 7.7 pct at end of June

The balance of loans in Shanghai including all currencies stood at 1091 trillion yuan 153 trillion US dollars at the end o ... ( read original story ...)

Posted on 16/07/2023

Syngenta Seeks to Lure Mideast Funds to $9 Billion IPO

Syngenta Group has approached a number of Middle Eastern sovereign funds as it seeks cornerstone investors for its 65 billion yuan ($9 billion) initial public offering, people with knowledge of the ... ( read original story ...)

Posted on 15/07/2023

A timeline of China’s 32-month Big Tech crackdown that killed the world’s largest IPO and wiped out trillions in value

Since Beijing quashed Ant Group's IPO in November 2020, the upheaval in China's tech sector has hit Alibaba, Tencent, Meituan and Didi A nearly US$1 billion fine levelled against Ant Group this month ... ( read original story ...)

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