People’s Bank of China chief Pan Gongsheng told a news conference ... Hong Kong stocks jumped more than two per cent and Shanghai was up around 0.8 per cent. There were also gains in Tokyo as dealers ... ( read original story ...)
Hong Kong, Shanghai rally on China stimulus on mixed day for markets
Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two economy. Hong Kong stocks ... ( read original story ...)
Hong Kong, Shanghai Stocks Jump At Open On China Stimulus
Shares in Hong Kong and Shanghai rallied at the open Tuesday after China unveiled a slew of measures aimed at kickstarting the struggling economy, including a cut to the amount of cash banks must hold ... ( read original story ...)
China’s central bank injects cash into economy
SHANGHAI: China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signalling its intent to further ease monetary conditions ... ( read original story ...)
Call for foreign firms to help pool wisdom for Shanghai
SHANGHAI: Amid Shanghai’s continued efforts to deepen international cooperation in terms of research and development, multinational companies should be better integrated into the city’s innovation ... ( read original story ...)
Mondelez buys “significant majority” interest in China bakery business Evirth
Mondelez International has struck a cakes and pastries deal in China, a category CEO Dirk Van de Put had previously flagged as a potential M&A opportunity. The Cadbury chocolate and Oreo biscuits ... ( read original story ...)
AI to Startups, Shanghai Aims to Lead the Next Innovation Wave
At an annual mayor’s forum, global executives urge Shanghai to harness AI, attract talent, and drive tech innovation. ( read original story ...)