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Posted on 05/02/2024

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 ...)

Posted on 05/02/2024

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 ...)

Posted on 05/02/2024

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 ...)

Posted on 05/02/2024

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 ...)

Posted on 05/02/2024

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 ...)

Posted on 05/02/2024

China’s CanSino Sinks on Dropping Covid-19 Vaccine Arm From Financial Reports

CanSino’s mainland-listed stock [SHA: 688185] plunged 7.7 percent to finish at CNY46.06 (USD6.40), while its Hong Kong-traded shares [HKG: 6185] closed down 2.8 percent at HKD15.50 (USD2). ( read original story ...)

Posted on 05/02/2024

Shanghai stocks slide again; losses limited by govt support

as part of a broader effort to keep American technology from aiding China. (Reporting by Shanghai Newsroom; Editing by Mrigank Dhaniwala and Miral Fahmy) Disclaimer: The content of this article is ... ( read original story ...)

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