China’s digital yuan and payment apps Alipay and WeChat Pay were not competitors, Mu Changchun, the director general of the digital currency research institute at the People’s Bank of China (PBOC), ... ( read original story ...)
Lutian Machinery’s IPO to debut on Shanghai Stock Exchange next Tuesday
Lutian Machinery (605259) to start trading on the Shanghai Stock Exchange’s Main Board on June 15, next Tuesday. The firm has issued 22 mln shares priced at RMB 27.10 per share raising RMB 596.2 mln. ( read original story ...)
China stocks end lower as liquor, financial stocks weigh; Shanghai Composite falls 0.6% at close
The blue-chip CSI300 index fell 0.9 per cent to 5,224.70, while the Shanghai Composite Index shed 0.6 per cent to 3,589.75. ( read original story ...)
China stocks end lower as liquor, financial stocks weigh; post weekly loss again
China stocks ended lower on Friday, dragged down by liquor and financial firms, and posted a second straight weekly loss, while data showed the country's broader credit growth slowed in May. ( read original story ...)
China Stock Market Poised To Add To Its Winnings
The China stock market has moved higher in two straight sessions, gathering more than30 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,610-point plateau ... ( read original story ...)
Stock Market Today: SGX Nifty flat. Asian markets mixed as investors digest US inflation data, ECB commentary
Domestic stocks are likely to open on a flat note, despite Wall Street gains overnight. Investors would digest data showing a higher-than-expected 5 per cent rise in US CPI inflation in May and the ... ( read original story ...)
Chinese Offshore Wind Developer’s Stock Soars in Shanghai Debut
Three Gorges Renewables, the green-energy and offshore wind division of utility behemoth China Three Gorges, saw its stock soar onto the Shanghai exchange in an enormously successful IPO on Thursday. ( read original story ...)