HSBC and Ant Group explore potential of tokenized deposits in a HKMA-sanctioned test, signaling a fusion of banking and cutting-edge fintech. ( read original story ...)
China firm launches stock indices to tap into rush for safe-haven gold
China's biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in the local real estate market and volatile global markets. ( read original story ...)
Halloween revellers throng Shanghai, some wearing costumes seen as a protest to China policies
Halloween revellers thronged central Shanghai late on Tuesday night, with some dressed in costumes that poked fun at China's strict COVID-19 curbs in a rare showcase of free expression as police looked on. ( read original story ...)
China’s Financial Conference Sets Course for High-Quality Economic Development
On the morning following the central financial work conference, the Shanghai stock exchange reveled in an air of cautious optimism. The conference, which dissected critical challenges such as the ... ( read original story ...)
Central Bank, Industrial Reports Roil Asian Stock Markets
Asian stock markets were mixed on Tuesday after Japan's central bank tweaked its monetary policy, but an industrial report from Beijing pointed to a still-struggling recovery from the pandemic era. ( read original story ...)
October is the worst month for Asia IPOs since 2019 as China Drags
Fundraising through new share sales in Shenzhen, Shanghai and Beijing combined plunged 71% to $1.1 billion in October from a year ago, the data shows. While China was one of the busiest corners in the ... ( read original story ...)
China slump turns October into the worst month for Asia IPOs since 2019
Fundraising through new share sales in Shenzhen, Shanghai and Beijing combined plunged 71% to $ ... market and regulators pledged earlier this year to maintain equilibrium in IPO and refinancing ... ( read original story ...)