Chinese shares witnessed significant volatility on Monday, hitting five-year lows, as market regulators announced measures to combat stock price manipulation and "malicious short selling." Throughout ... ( read original story ...)
China has vowed to save its crashing stock market, but investors are just not convinced
China vowed to crack down on short-selling and insider trading, attract investment from longer-term funds, and listen to investors earnestly. ( read original story ...)
Asia-Pacific stocks mixed as another pushback from Powell dented sentiment around rate cuts
China (SHCOMP) -1.02%. China Caixin Services PMI for January 52.7 (prior 52.9). Hong Kong (HSI) -0.11%. The S&P Global Hong Kong SAR PMI fell to 49.9 in January 2024 from 51.3 in December, signaling broadly unchanged private sector conditions at the start of the year. ( read original story ...)
China Hands a Suspended Death Sentence to a Former Bank CEO
The former president of one of China’s biggest privately run banks has been sentenced to death by a Chinese court. The sentence has been suspended for two years. Tian Huiyu, 58, was for nine years the ... ( read original story ...)
Ex-bank boss given death sentence with reprieve for graft
Tian Huiyu, former president of China Merchants Bank, was given the death penalty with a two-year reprieve for crimes including taking bribes, abuse of power, using undisclosed information for trading ... ( read original story ...)
Shanghai-Based Collector David Chau on the State of the Chinese Art Market
We spoke with David Chau, art collector and visionary behind Shanghai's ART021 art fair, about what's in store for the Chinese art market. ( read original story ...)
Shanghai INE to expand trading limits for shipping, oil and copper contracts
SHANGHAI International Energy Exchange (INE) will expand trading limits and adjust margin requirements for its listed products, container shipping, oil, copper and rubber contracts, it said in a ... ( read original story ...)