Tian Huiyu, former president of China Merchants Bank, was given the death penalty with a two-year reprieve for crimes including taking bribes, abuse of power, using undisclosed information for trading ... ( read original story ...)
China’s CanSino Sinks on Dropping Covid-19 Vaccine Arm From Financial Reports
CanSino’s mainland-listed stock [SHA: 688185] plunged 7.7 percent to finish at CNY46.06 (USD6.40), while its Hong Kong-traded shares [HKG: 6185] closed down 2.8 percent at HKD15.50 (USD2). ( read original story ...)
Stock market today: Asian stocks mostly fall as Chinese shares skid despite moves to help markets
Asian stocks were mostly lower on Monday, with Chinese shares again leading the declines even after the market regulator in Beijing pledged to crack down on abuses and protect small investors. On ... ( read original story ...)
Angry Chinese take to US Embassy’s social media account to vent about plunging stock market
Tens of thousands of people in China are flocking to the social media account of the US Embassy in Beijing to vent their anger and frustration with the continuing meltdown in the country’s stock ... ( read original story ...)
Chinese Shares Extend Losses Despite Regulator’s Pledge to Shore Up Market
Chinese shares extended declines despite a series of stimulus measures and the securities regulator’s latest pledge to shore up the market. ( read original story ...)
China regulator vows to stabilise market after stocks hit 5-year lows
China's securities regulator vowed to prevent abnormal market fluctuations, after Chinese stocks plunged to five-year lows, but announced no specific measures. ( read original story ...)
Chinese turn U.S. embassy post into ‘Wailing Wall’ for stock plunge
Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. ( read original story ...)