Category: FINANCE

A recent stream of worrying economic data released by China is taking the fizz out of its stock market. ( read original story ...)

Interest income increased by 66.3% to RMB4.4 million (US$0.6 million) for the second quarter of 2023 from RMB2.6 million for the same period of 2022, mainly attributable to the increase in our cash ... ( read original story ...)

A trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the country’s economy. Multiple clients at Zhongrong ... ( read original story ...)

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy ... ( read original story ...)

Chinese stock exchanges have reportedly asked investment funds to refrain from being net sellers of equities as the domestic stock market reels under a selling wave. What Happened: The Shanghai and Shenzhen stock exchanges issued "window guidance" to several large mutual fund houses to avoid selling more domestic shares for a day, ( read original ...

This is just days after Country Garden, China's biggest private-sector developer by sales, missed interest payments on two dollar-denominated bonds. ( read original story ...)

Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy ... ( read original story ...)