The contrast in share prices shows how international investors are cool on the prospects for SMIC despite strong support from the state. ( read original story ...)
Asia Pacific stocks dip as China says its second-quarter GDP grew 3.2%; SMIC soars more than 200% in Shanghai debut
Stocks in Asia Pacific were little changed in Thursday morning trade as investors reacted to a slew of Chinese economic data released earlier. ( read original story ...)
Shares of China’s biggest chipmaker SMIC surge 245% in Shanghai debut
SMIC is seen as a key player in China's ambition to boost its domestic semiconductor industry, a push that has been accelerated by the trade war between the U.S. and China. ( read original story ...)
Shares of China’s largest chip maker SMIC more than triple in Shanghai trading debut amid market’s unprecedented bull run
Shares of China’s biggest semiconductor producer more than tripled on their Shanghai debut amid a state-endorsed bull market. ( read original story ...)
Social media rumors prompt spate of bank runs in China
Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in ... ( read original story ...)
Trump signed bill to impose financial sanctions related to China
Indices trade generally higher amid the vaccine news released after the US close; Shanghai market lags, CN state fund recently sold shares in BOCOM, Trump signed bill to impose financial sanctions ... ( read original story ...)
A Spate of Bank Runs Breaks Out in China, Fueled by Social Media
(Bloomberg) -- Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors.Just since ... ( read original story ...)