A two-year sell-off has now spilled over into 2024, pushing one market valuation to an all-time low. Money managers and analysts say they are struggling to see an imminent turnaround. ( read original story ...)
Pic story: inheritor of making craft of Zhuang Rice Cake in Shanghai
Yang Qinfeng makes Zhuang Rice Cake at his studio in Liantang Town of Qingpu District of Shanghai, east China, Jan. 10, 2024. Zhuang Rice Cake, made with sticky rice and polished round-grained rice, ... ( read original story ...)
China’s stocks expected to stabilize as Shanghai Composite Index regains 2,800-point level: analysts
In the morning session on Thursday, the Shanghai Composite Index broke through the 2,800 ... a senior research fellow at the Chongyang Institute for Financial Studies at the Renmin University of China ... ( read original story ...)
LME CEO aims to have first contracts with Shanghai futures exchange in 2024
The London Metal Exchange (LME) aims to have pilot contracts using prices from the Shanghai Futures Exchange (ShFE) this year, its chief executive told Reuters on the sidelines of the World Economic ... ( read original story ...)
Chinese stock markets stage miraculous turnaround, with Shanghai composite index up 0.43% on Thursday
with the Shanghai Composite Stock Index regaining the psychologically important 2,800 points and closing at 2,845.78. Analysts said the market is expected to stabilize and return to normal operations ... ( read original story ...)
Stock market today: Asian shares trade mixed after Wall Street dips amid dimming rate cut hopes
Asian shares are trading mixed as pessimism spreads among investors about any imminent interest rate cut in the U.S. Japan’s benchmark Nikkei finished little changed Thursday, inching down less than 0 ... ( read original story ...)
Shanghai’s elderly seek romance at Ikea lonely hearts club
More than a decade after Ikea tried to kick them out, the raucous Shanghai pensioners' matchmaking group that gathers weekly in the furniture store's cafeteria is still very much alive and kicking. ( read original story ...)