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Tag: banking

Posted on 06/01/2021

China’s blue-chip index ends at 13-year high led by gains in banking, healthcare stocks

China's blue-chip index closed on Wednesday at its highest level in nearly 13 years after rising for five consecutive sessions, as investors expect the government to sustain policy supports to counter ... ( read original story ...)

Posted on 06/01/2021

China’s yuan softens as c.bank hints at preference for slower gains

China's yuan softened on Wednesday, continuing its walk back from a strong rally early in the week, after the country's central bank appeared to signal a preference for a more moderate pace of ... ( read original story ...)

Posted on 06/01/2021

Physical cards for digital payments under trial in China’s Shanghai

A card to replace smartphones for digital payments is being trialed in China's Shanghai, making life easier for groups such as the elderly. Shanghai's Tongren Hospital is one of the first to try out ... ( read original story ...)

Posted on 06/01/2021

Chinese bourses roar in 2020 with best year for IPOs in a decade

Stock exchanges in mainland China and Hong Kong had their most successful year for initial public offerings in a decade in 2020, raising a combined $119 billion or roughly 45% of the global total. The ... ( read original story ...)

Posted on 06/01/2021

CORRECTED-China’s yuan softens as c.bank hints at preference for slower gains

China's yuan softened on Wednesday, continuing its walk back from a strong rally early in the week, after the country's central bank appeared to signal a preference for a more moderate pace of ... ( read original story ...)

Posted on 06/01/2021

China Stock Market Has Firm Lead For Wednesday’s Trade

The China stock market has climbed higher in four straight session, gathering more than 150 points or 4.6 percent in that span. The Shanghai Composite Index now rests just above the 3,525-point ... ( read original story ...)

Posted on 06/01/2021

China’s stock market closes at highest level since 2008 financial crisis

China’s stock market has soared to its highest level since the 2008 financial crisis as the world’s second-largest economy mounts a rapid recovery from the coronavirus pandemic. The CSI 300 index, ... ( read original story ...)

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