investment director for personal investing at Fidelity International “This means the stock market will be one of the few places offering an inflation beating return.” The central bank said last week rates may need to rise “somewhat earlier and by a ... ( read original story ...)
Italian investor looks to rev up Shanghai Tang sales
The Swiss luxury conglomerate sold a controlling stake in the Chinese fashion group to a consortium of investors led by Bastagli last July. Founded in 1994 by late Hong Kong businessman David Tang as a high-end tailor, Shanghai Tang sold Asian-inspired ... ( read original story ...)
China stocks have best day in more than 18 months; consumer firms, transport lead
Gains in Shanghai stocks led by Qingdao Tianhua Institute of Chemistry Engineering Co Ltd and losses by Dongfang Electric Corp Ltd * China’s A-shares are at a 27.71 percent premium over H-shares. SHANGHAI, Feb 22 (Reuters) - China’s major stock indexes ... ( read original story ...)
China Stock Market Tipped To Return To The Upside
(RTTNews.com) - Ahead of the long Lunar New Year break, the China stock market had moved higher in three straight sessions, climbing more than 70 points or 2.3 percent along the way. Off since February 14, the Shanghai Composite Index now rests just shy of ... ( read original story ...)
Shanghai-Shenzhen stock exchanges acquire stake in Dhaka bourse
China’s Shanghai and Shenzhen stock exchanges made a joint bid worth USD122m, in addition to technical support worth a further USD37m. Considered the world’s fourth-largest in terms of market capitalisation, the Shanghai Stock Exchange has about 1,400 ... ( read original story ...)
Fullerton’s Shanghai unit launches first private fund in China
SINGAPORE - Temasek Holdings' Fullerton Fund Management announced on Wednesday (Feb 21) that its unit, Fullerton Investment Management (Shanghai), has launched its first private fund in China, to invest mainly in China A stocks. The product - Fullerton ... ( read original story ...)
Ashton Whiteley: UK Less Optimistic about Finances
Economists at Shanghai, China based investment house, Ashton Whiteley say that according to data released by IHS Markit, their monthly determination of financial well-being dropped to a seven-month low of 42.2 from 42.9 last month. The IHS Markit survey to ... ( read original story ...)