BEIJING - There were 5,363 companies listed on the Chinese domestic stock market by the end of September 2024, according to the China Association for Public Companies. The stock exchanges in Shanghai, Shenzhen and Beijing had 2,271, 2,839 and 253 listed firms, respectively, by end September, data from the association showed. ( read original story ...
The financial epicenter that owes its pedigree to a famous ancient scholar
Lujiazui was named after Lu Shen (1477-1544), a Ming Dynasty scholar and collector, who spent much of his life there. The place name also came, in part, from a prominent river sandbank nearby that ... ( read original story ...)
Taiwan Poised to Resume Stock Trading as Typhoon Passes
Taiwan has suspended trading on its $2.5 trillion stock market as residents brace for a direct hit from Super Typhoon Kong-Rey, one of the biggest storms to strike the island this late in the year. ( read original story ...)
China’s central bank conducts 500 billion yuan of outright reverse repos in October
China's central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was six months. Separately, ... ( read original story ...)
Stock market today: Asia shares decline as investors await earnings, US elections and economic data
In the bond market, yields edged higher following the latest readings on the U.S. economy. Growth for the overall economy slowed during the summer from the spring, according to a preliminary estimate ... ( read original story ...)
China’s big banks post Q3 profit gains, squeeze on net interest margins
The Bank of China (BoC) , the Bank of Communications and CCB reported quarterly net profit gains of 4.38%, 1.2% and 3.79%, respectively. ICBC rose 0.2% in Shanghai on Thursday morning after the ... ( read original story ...)
Expats impressed by payment services in Shanghai
Joey Yeo from Singapore, CEO of Heal Management Group, lauded the extensive acceptance of foreign cards in Shanghai, highlighting the widespread network of ATMs and point-of-sale terminals that ... ( read original story ...)