Stock futures are pointed lower once again, setting the major indexes up for a second-straight weekly loss. Fears of a recession in 2023 are swirling amid expectations of even more interest rate hikes ... ( read original story ...)
Chart of the Day: Chinese Bourses Top IPO League Tables
The Shanghai and Shenzhen stock exchanges are set to rank first and second among global bourses by IPO fundraising in 2022, with Hong Kong close behind, after a year of extreme volatility and risk-off ... ( read original story ...)
Chinese biotech start-up 3D Medicines bucks trend with strong Hong Kong IPO thanks to cancer-drug pipeline
The company bucked a trend in its Hong Kong trading debut on Thursday, becoming one of the few biotechnology listings in recent years to post a first-day gain on the market. ( read original story ...)
UPDATE 1-China c.bank ramps up cash support via medium-term loans, holds rate for 4th month
China's central bank ramped up cash injections into the banking system on Thursday, while keeping an interest rate on the medium-term policy loans unchanged for the fourth straight month, to keep ... ( read original story ...)
China central bank renews medium-term policy loans, rate unchanged for 4th month
China's central bank rolled over maturing medium-term policy loans while keeping a interest rate unchanged for the fourth straight month on Thursday, largely matching market expectations.The People's ... ( read original story ...)
Chinese bank wealth units seek to smooth performance amid redemptions
The asset management arms of some Chinese banks are turning to an accounting method that smoothes out the performance of wealth management products as they try to stem a rise in redemptions, two ... ( read original story ...)
China financial futures exchange adjusts rules for new option product
The China Financial Futures Exchange on Wednesday tweaked its trading limit rules to add a new product that will debut on Monday. The options based on the SSE 50 Index will start trading on the ... ( read original story ...)