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Tag: banking

Posted on 24/01/2024

China stocks jump again on plan for $139 billion cut to bank reserves

Chinese stocks jumped late in Asia trading Wednesday after the country’s central bank said it would soon loosen monetary policy to support the ailing economy. Peoples Bank of China Governor Pan ... ( read original story ...)

Posted on 24/01/2024

Investors should continue to steer clear of Chinese stocks, investors warn. Here is what needs to change before they become a ‘buy’.

Chinese stocks have been falling for years, and in January they have seen their declines accelerate, much to the chagrin of local officials. ( read original story ...)

Posted on 24/01/2024

China further opens up financial market with 10 foreign firms approved for underwriting

Chinese officials have been stepping up financial opening-up measures. On Tuesday, SAFE’s Shanghai branch announced various measures to facilitate cross-border trade and investment. Foreign exchange ... ( read original story ...)

Posted on 23/01/2024

‘Snowball’ derivatives feed China’s stock market avalanche

Losses on billions of dollars worth of derivatives linked to China's equity indexes are fuelling further selling. ( read original story ...)

Posted on 23/01/2024

China’s stock market is in a 3-year slump and Beijing’s flip-flops are adding to the confusion

"There has been increasing confusion over Beijing's policy stance on the economy," wrote Nomura economists in a Monday note seen by Business Insider. ( read original story ...)

Posted on 23/01/2024

Chinese stock indexes rally on Tuesday as State Council meeting pledges strong measures to support capital market

Analysts are generally positive about the prospect of China's stock market, which has become one of the most attractive markets globally in terms of valuation of shares. The Shanghai Component Index closed up 0.59 percent to 2,770.98 on Tuesday ... ( read original story ...)

Posted on 23/01/2024

Asian Shares Advance As China Rout Pauses On Stimulus Hopes

Asian stocks advanced on Tuesday, with continued gains on Wall Street and China stimulus hopes helping underpin investor sentiment. ( read original story ...)

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