The yuan gained as much as 0.25% to 6.6602 a dollar on Wednesday morning in Shanghai. The People’s Bank of China earlier fixed its daily reference rate at 6.6781, which was slightly weaker than ... ( read original story ...)
Hong Kong shares gain on U.S. stimulus hopes; property stocks drag down Shanghai
The financial sector sub-index added 0.15% and ... the start-up board ChiNext Composite index was weaker by 1.48% and Shanghai’s tech-focused STAR50 index was down 1.53%. ( read original story ...)
China Stock Market Has A Green Light For Wednesday’s Trade
The China stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had retreated almost 30 points or 1 percent. The Shanghai Composite Index ... ( read original story ...)
Shanghai ready to take global IPO crown as tech giants return home
The Shanghai Stock Exchange led the world in cash raised through initial public offerings for the first nine months of this year, thanks to a wave of tech companies choosing to list in their home ... ( read original story ...)
Stock Market Boom, New Listings Mint China Billionaires at Record Pace
The combined wealth of those on the Hurun China list - with an individual wealth cut-off of 2 billion yuan ($299.14 million) - totaled $4 trillion, more than the annual gross dome ... ( read original story ...)
Shanghai shares sag as China’s home prices grow at slowest rate since 2016
Real estate index sags on slower home price growth * Consumer staples support blue-chip index SHANGHAI, Oct 20 (Reuters) - Shanghai shares edged lower on Tuesday, as data showing a slower pace of ... ( read original story ...)
Largest IPO ever? China’s Ant wins HK nod for $35bn dual listing
The fintech firm plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in weeks, Reuters reports. ( read original story ...)