Monday witnessed a surge in Asian stock markets, with the exception of Shanghai, as regional indices moved past the previous week’s downturn in US markets, particularly in the tech sector, which saw its largest decline since the 2020 COVID-19 market crash. ( read original story ...)
Hong Kong Exchanges and Clearing, Shanghai Stock Exchange, Shenzhen Stock Exchange to Expand ETF Offerings
Hong Kong Exchanges and Clearing Ltd reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange. ( read original story ...)
Former China central bank official warns against miscategorising ‘virtual economy’
China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector. ( read original story ...)
Shanghai Metro stations accept foreign bank cards for ticket purchases
All subway stations in Shanghai have had POS machines reinstalled to accept domestic and foreign bank cards since Monday with manual services availab ... ( read original story ...)
Insiders shrug off volatility in stock market
Overseas investors have also shown much interest in them. Of the 22 billion yuan invested by overseas investors in the A-share market via the stock connect program linking the Shanghai, Shenzhen and ... ( read original story ...)
China’s market regulator launches 5 measures to help rescue Hong Kong’s battered stock market
China’s capital market regulators have announced a package of measures to boost liquidity, attract international investors and enhance competitiveness between the mainland and Hong Kong, offering a salve to the city’s market woes. ( read original story ...)
China stock sentiment improves, but Morgan Stanely recommends caution
Investing.com-- Sentiment towards mainland Chinese stock markets improved over the past week, as hopes of more government stimulus and some positive economic data helped spur gains in regional markets ... ( read original story ...)