Appetite remains strong to tap mainland China’s future growth even after the collapse of Ant Group’s IPO, investors say. ( read original story ...)
Hong Kong plans to shorten IPO settlement time to one day
The consultation paper also proposes changes aimed at reducing the impact of IPOs on Hong Kong dollar liquidity. Interbank lending rates surged in the build-up to Ant Group's $37 billion joint Hong ... ( read original story ...)
Stock Market breadth regained its strength
The Shanghai index increased by 1.11%. The Dow Jones' market breadth regained its momentum. 87% of the Dow Jones stocks traded above their 200-day moving average. This is a change of +4% from a day ... ( read original story ...)
Covid-19 vaccine hope brings tailwind to Chinese airlines as CICC predicts a doubling in stock valuation
The promising outlook for a Covid-19 vaccine has powered a rally in Chinese airlines and airport operators, prompting stock analysts to make bold predictions about the pandemic-stricken air travel ... ( read original story ...)
China c.bank tries to soothe market nerves after SOE debt shocks
China's central bank injected more than $120 billion yuan into the country's banking system on Monday in a move to soothe rattled nerves after a series of debt shocks involving state-owned enterprises ... ( read original story ...)
China c.bank injects 800 bln yuan of medium-term loans, rate unchanged for 7th month
China's central bank on Monday injected 800 billion yuan ($121 billion) in medium-term loans into the banking system and kept borrowing costs unchanged for the seventh straight month. ( read original story ...)
Financial services can transform Yangtze region
The Yangtze River Delta, the cluster contributing a quarter of the country's GDP and covering Shanghai as well as Jiangsu, Zhejiang and Anhui provinces, is expected to deepen integration and back the ... ( read original story ...)