Pudong New Area in Shanghai will pilot "one integrated license "for businesses in 31 sectors, by integrating the previously required multiple licenses into one on market access in an effort to further ... ( read original story ...)
Hong Kong exchange operator backs decision to halt Ant’s record IPO
Hong Kong stock exchange, which missed out on the chance to host Ant Group's record $37 billion listing this month, believed the move to suspend the IPO was the right one and hoped the Chinese fintech ... ( read original story ...)
China Market Update: Value Rotation Goes Global As Alibaba’s Singles Day Gains +38% To $56B Of Goods Sold
Asian equities were largely higher on high volumes as the value/cyclical rotation plays out globally. For instance, the Kospi rose +1.35% while the Kosdaq fell -0.11%, and Shanghai (value) was off ... ( read original story ...)
HKEX CEO was ‘disappointed’ by suspension of Ant Group IPO, but relieved to see regulation
In a dramatic move, Chinese regulators put the brakes on Ant's share debut just days before the company was set to start trading on in Shanghai and Hong Kong. ( read original story ...)
Global Stocks Are Higher, but Technology Stocks Tumbled Again in China
Global stocks are higher, with technology shares showing a bounce on Wall Street later. But Alibaba and other big tech names fell in Shanghai on concerns over proposed new regulations in China aimed ... ( read original story ...)
Stock market breadth and sector rotation
Sector rotation is the key theme when it comes to the US stock market as investors continue to sell their positions in tech stocks and move their money in more cyclical sectors. All of this is ... ( read original story ...)
China’s firms sign US$73 billion worth of deals at flagship Shanghai import expo
China International Import Expo (CIIE) in Shanghai concluded on Monday, with US$72.62 billion worth of deals signed during the six-day event. ( read original story ...)