Top performing sectors in the Shanghai Stock Exchange were Computer & Electronic Equipment Dealer (up 7%), Marine (up 6.7%), Forest Products (up 5.7%), Heating or Other Utilities (up 5.6%), and Paper ... ( read original story ...)
China should let yuan rise to offset imported price rises, c.bank official says
China should let its yuan currency strengthen to help offset the impact of rising import prices, a central bank official said in remarks published on Friday. ( read original story ...)
United Imaging Weighs $1 Billion Hong Kong IPO
Shanghai United Imaging Healthcare Co., a medical imaging and radiotherapy equipment maker, is weighing a Hong Kong initial public offering that could raise at least $1 billion, according to people ... ( read original story ...)
China should let yuan rise to offset imported price rises, central bank official says
Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers ... ( read original story ...)
Total Market Cap of China’s Stock Market Jumped by 33% YoY to $12.4T, the Highest Value in Country’s History
According to data presented by TradingPlatforms.com, the combined market cap of China’s stock market jumped by 33% year-over-year to 79.7 trillion yuan or $12.4trn in 2020, the highest value in the ... ( read original story ...)
Financial, consumer firms drag China shares lower; Shanghai Composite down 0.6% at close
At the close, the Shanghai Composite index was down 0.58 per cent at 3,486.56. The index fell 0.11 per cent for the week. The blue-chip CSI300 index was down 1.01 per cent, but delivered a weekly gain ... ( read original story ...)
Financial, consumer firms drag China shares lower
China's main share indexes ended lower on Friday, dragged down by financials and consumer staples, though the commodities sector rebounded from previous session's slump as investors processed ... ( read original story ...)