with the benchmark Shanghai Composite Index down 0.88pc at 2,504.82. The smaller Shenzhen Component Index closed 0.81pc lower at 7,332.35. “Considering economic fundamentals and the market’s low valua... ( read original story ...)
Market woes continue into 2019 as China, Hong Kong stocks kick off new year with losses amid fresh indications of slowdown
“The entire market is pessimistic about ... “The woes aren’t going to end soon.” The Shanghai Composite Index ended 2018 with an overall decline of 25 per cent, making it the world’s worst-performing ... ( read original story ...)
Overseas unit of China’s cigarette monopoly files for Hong Kong IPO
CICC and China Merchants Securities are joint sponsors for the IPO. Reporting by Julia Fioretti; Additional reporting by Julie Zhu in HONG KONG and Adam Jourdan in SHANGHAI; Editing by Christopher ... ( read original story ...)
Shanghai’s stock index ends 2018 as the world’s biggest loser as trade war, slowing Chinese economy weigh on confidence
Shanghai’s stock benchmark ended 2018 as the world’s worst market performer for a second year, falling 24.6 per cent over 12 months as an unprecedented trade war between China and the United States we... ( read original story ...)
Global Market Report – December 28
China and Japan have had an uninterrupted week of trading, unlike Hong Kong’s stock market, which was closed on Tuesday and Wednesday. The Shanghai Stock Exchange is closed on Monday. ( read original story ...)
China stock market is WORST-PERFORMING of 2018 as US trade war takes toll
Chinese stocks have been rattled this year by ongoing trade war tensions with the United States and anxieties surrounding an economic slowdown, with the Shanghai Composite Index ending the trading yea... ( read original story ...)
China Targets Smaller Lenders in Latest Shadow Banking Crackdown
Smaller regional lenders have become major drivers of shadow banking in China as they’ve sought ways to ... practices such as setting up shadow-lending instruments in Beijing and Shanghai.” Medium-siz... ( read original story ...)