WASHINGTON -- The World Bank on Sunday projected a 5.1 percent growth for the Chinese economy in 2023, according to its newly released East Asia and Pacific Economic Update. "China has remarkable ... ( read original story ...)
Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
China Evergrande, the world’s most heavily indebted real estate developer, said in a notice to the Hong Kong Stock Exchange that its shares would remain suspended until further notice after they plunged nearly 20% on Wednesday and were suspended from trading as of Thursday. ( read original story ...)
‘Shanghai Price’ and ‘Shanghai Pattern’ driving FTZ growth
Established a decade ago, the China (Shanghai) Pilot Free Trade Zone has been at a forefront in promoting financial reform and opening up, with the "Shanghai Price" and "Shanghai Pattern" taking shape ... ( read original story ...)
Hong Kong IPOs droop to 20-year fundraising low as exchange ranks ninth globally amid hopes of fourth-quarter mega deals
A total of 42 companies raised US$3.13 billion in the first nine months, a 65% year on year drop in fundraising and the lowest since 2003, Refinitiv says. Investors and analysts hope for a ... ( read original story ...)
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong. ( read original story ...)
EU chamber tells China to walk the talk on liberalising markets to boost FDI, cement Shanghai as global financial hub
Shanghai has to reduce taxes and red tape, make the yuan fully convertible and broaden market access to draw more investment, European Union Chamber of Commerce leaders say. ( read original story ...)
UPDATE 1-China investment bank Haitong plans buyout of international arm -sources
Sept 27 (Reuters) - Haitong Securities plans to buy the remainder of its Hong Kong-listed subsidiary Haitong International in a bid to stem the offshore investment banking arm’s losses, two sources ... ( read original story ...)