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Category: FINANCE

Posted on 06/07/2020

Dow jumps 350 points as China encourages stock-buying to support virus recovery

US stocks jumped Monday following a rally in China, where stock-buying was encouraged to support the recovery from the coronavirus crisis. The ... ( read original story ...)

Posted on 06/07/2020

BRIEF-Nanjing Vishee Medical Technology Aims To Raise Up To 1.15 Bln Yuan In Shanghai Star Market IPO

Nanjing Vishee Medical Technology Co Ltd * SAYS IT AIMS TO RAISE UP TO 1.15 BILLION YUAN ($163.79 million) AT 67.58 YUAN PER SHARE IN SHANGHAI STAR MARKET IPO S ... ( read original story ...)

Posted on 06/07/2020

Chinese Chip Giant Pursues Year’s Biggest Stock Sale

Semiconductor Manufacturing International is preparing a $6.55 billion stock offering on Shanghai’s high-tech STAR market, as China moves to shore up its semiconductor capabilities amid heightened ... ( read original story ...)

Posted on 06/07/2020

Shanghai soars nearly 6%, leading gains in Asia as ‘bull sentiment’ drives markets

Shares in Asia Pacific were higher during Monday's trading session. Stocks in China led gains among the major markets regionally, with the Shanghai composite soaring nearly 6%. The strong moves upward ... ( read original story ...)

Posted on 03/07/2020

China’s stock market closes at highest level in five years

Caixin/Markit PMI continues to recover from February trough when coronavirus lockdown was most severe ... ( read original story ...)

Posted on 03/07/2020

China central bank makes biggest weekly cash drain via OMO since February

China's central bank skipped open market operations on Friday, making the biggest weekly net fund drain in 4-1/2 months. ( read original story ...)

Posted on 03/07/2020

Standard Bank Executive Sees CIIE as Key to China-Africa Trade

The China International Import Expo (CIIE) has helped to diversify China's sources of imports and facilitate greater trade flows between China and Africa, says François Gamet, head of Asia for the ... ( read original story ...)

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