Postal Savings Bank of China Co., one of the country’s largest state-owned commercial lenders, rose in Shanghai trading after China Mobile Ltd. agreed to buy a stake worth 45 billion yuan ($6.5 ... ( read original story ...)
Asian stocks mixed after Wall St rally as bank fears ease
South Korea's Kospi rose 0.2% to 2,449.45. Hong Kong's Hang Seng lost 0.7% to 20,048.99, while the Shanghai Composite declined 0.2% to 3,232.39. “Fading concern about the banking sector is also ... ( read original story ...)
Shanghai Children’s Art Theater signs several collaborations in its second decade
Gansu Performance Group, Xi'an Children's Art Theater, Shanghai Center of Chinese Operas, Shanghai Opera House, Shanghai Ballet and South China Lion and Dragon Dance Troupe are among its partners. ( read original story ...)
Dollar advances as banking crisis fears ease
SHANGHAI/HONG KONG (Reuters) -Alibaba Group's breakup into separate companies will allow its business units to become more agile and eventually list on their... WASHINGTON/NEW YORK (Reuters) ... ( read original story ...)
SMM Evening Comments (Mar 29): Shanghai Nonferrous Metals Closed Mostly with Gains amid Weaker Economic Growth Forecast from World Bank
Shanghai nonferrous metals closed mostly with gains in day trading. On the macro front, Fed official Bradley made hawkish remarks overnight, but the market only responded mildly, and the dollar index ... ( read original story ...)
Investor Risk Appetite Rises on Easing Bank Concerns, Lifting US Equity Futures
US equities were set for a positive session Wednesday as easing concerns about the banking sector fueled investors' risk ... Hong Kong's Hang Seng closed 2.1% higher, and China's Shanghai Composite ... ( read original story ...)
Hong Kong shares rise as banking contagion fears ease; China stocks fall
SHANGHAI, March 28 (Reuters) - Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, were ... ( read original story ...)