Category: FINANCE

And Shanghai Dasheng Agriculture Finance Technology announced on Tuesday that two of its units had defaulted on loan repayments to the Bank of Shanghai, valued at 89.9 million yuan. “It is not unusual for businesses with a high leverage ratio to find ... ( read original story ...)

SHANGHAI—Long derided as a casino, China’s once-volatile stock market is going through a long stretch of calm. One reason is an orchestrated government effort to keep traders and investors in line. Three years after a national uproar when Chinese ... ( read original story ...)

ICBC dropped 1.9 per cent to 5.63 yuan (US 87.7 cents) in Shanghai on Wednesday, adding to a 9.2 per cent decline this year, Construction Bank slid 2.2 per cent to 7.05 yuan to cap a 8.2 per cent year-to-date loss, and Bank of China fell 1.8 per cent to 3 ... ( read original ...

... Tokyo Stock Exchange also uses auspicious red to denote stock advances. Forget about the long term, it’s a punter’s market in China. Institutional investors are fairly absent from Shanghai, where individuals and day traders make up about 80 ... ( read original story ...)

Asian stock markets slumped Wednesday as jitters spread over Italy's escalating political crisis and renewed US-China trade tensions. Japan's Nikkei and Hong Kong's Hang Seng both fell around 1.5%, while the Shanghai ... Jingyi Pan, a market strategist ... ( read original story ...)

Just as the Shanghai-Hong Kong Stock Connect offered overseas investors access to the mainland China market via Hong Kong, the new Shanghai-London Stock Connect will make China access more readily available to other European investors. This is not to say ... ( read original story ...)

“The Chinese stock market is going through a W-shape trajectory,” 58-year ... confidently asserting a view that few experts would echo. Shanghai's present-day stock exchange was launched in 1990 and ordinary investors were allowed to invest soon ... ( read original story ...)