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Posted on 27/09/2024

China releases estimated US$140b liquidity as it cuts amount banks hold in reserve to boost lending

China on Friday cut the amount banks must hold in reserve, releasing an estimated US$142.6 billion in liquidity into the financial market. ( read original story ...)

Posted on 27/09/2024

Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost demand, sources say

Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources ... ( read original story ...)

Posted on 27/09/2024

Shanghai woman fired after declining to buy boss hot Americano, egg; here’s what happened next

A recent incident in Shanghai has sparked outrage on social media after a woman, identified as Lou, was reportedly fired for refusing to buy breakfast for her boss. The incident took place at an ... ( read original story ...)

Posted on 27/09/2024

Shanghai Stock Exchange probing into slow confirmation of stock transactions

SHANGHAI - China's Shanghai Stock Exchange said Friday it is probing into the slow confirmation of stock transactions found after the opening of Friday's morning session. ( read original story ...)

Posted on 27/09/2024

Exclusive: Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say

Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources ... ( read original story ...)

Posted on 27/09/2024

Chinese stocks on track for best week since 2008 after stimulus blitz

Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. ( read original story ...)

Posted on 27/09/2024

Hong Kong, Shanghai extend surge as China optimism boosts markets

Hong Kong and Shanghai ploughed on with their China-fuelled rally Friday on hopes that Beijing will press on with new plans to boost the world's number two economy. Hong Kong soared more than three percent in opening trades before paring the gains, ( read original story ...)

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