Chinese stocks have been falling for years, and in January they have seen their declines accelerate, much to the chagrin of local officials. ( read original story ...)
China further opens up financial market with 10 foreign firms approved for underwriting
Chinese officials have been stepping up financial opening-up measures. On Tuesday, SAFE’s Shanghai branch announced various measures to facilitate cross-border trade and investment. Foreign exchange ... ( read original story ...)
‘Snowball’ derivatives feed China’s stock market avalanche
Losses on billions of dollars worth of derivatives linked to China's equity indexes are fuelling further selling. ( read original story ...)
CANCELLED: Crowd Forces Cristiano Ronaldo’s Al Nassr to Abandon Training & Press Conference Before Shanghai Shenhua Game in China
Al Nassr is all set to take on Shanghai Shenhua this week. However, the Cristiano Ronaldo-led side has been hit with an unexpected setback. While the side was set to hold its first team training ... ( read original story ...)
China’s stock market is in a 3-year slump and Beijing’s flip-flops are adding to the confusion
"There has been increasing confusion over Beijing's policy stance on the economy," wrote Nomura economists in a Monday note seen by Business Insider. ( read original story ...)
Shanghai failed to achieve 5.5% economic growth target for 2023 amid ‘complex and severe’ external environment, mayor says
Shanghai, mainland China's economic locomotive, failed to achieve its growth target for 2023 amid slumbering exports, which stayed flat even after the country's reopening after the Covid-19 pandemic. ( read original story ...)
Chinese stock indexes rally on Tuesday as State Council meeting pledges strong measures to support capital market
Analysts are generally positive about the prospect of China's stock market, which has become one of the most attractive markets globally in terms of valuation of shares. The Shanghai Component Index closed up 0.59 percent to 2,770.98 on Tuesday ... ( read original story ...)