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Tag: banking

Posted on 17/04/2023

Shanghai stocks hit 9-month high, HK shares rise on signs of China recovery

Shanghai stocks ended at a nine-month high on Monday, as China's March home price data and signs of corporate earnings recovery fueled optimism ahead of the release of first-quarter economy data. Hong ... ( read original story ...)

Posted on 17/04/2023

Social media protest erupts over ‘unfair’ bonus cuts at Tesla’s Shanghai factory

Workers at Tesla's electric vehicle manufacturing plant in Shanghai are reportedly using social media to protest against what they call unfair cuts in performance-related pay and to ask CEO Elon Musk ... ( read original story ...)

Posted on 17/04/2023

Angry Tesla Shanghai workers vent to Elon Musk over bonus cuts

Tesla's Shanghai factory workers took to social media to appeal to Elon Musk and the Chinese public after being told at the weekend about cuts to their performance bonuses, according to online posts ... ( read original story ...)

Posted on 17/04/2023

Shanghai stocks hit 9-month high on China recovery optimism; HK rises

Shanghai stocks rose to a nine-month high on Monday, as China's March home price data and signs of corporate earnings recovery fuel optimism ahead of the release of first-quarter economy data. Hong ... ( read original story ...)

Posted on 17/04/2023

Asian Stock Market: Shanghai soars as PBoC promises prudent policy, oil remains under pressure

Asian stocks are showing country-specific action despite a less volatile S&P500. Chinese stocks are skyrocketing as the PBoC has promised a prudent monetary policy to trigger domestic demand. A ... ( read original story ...)

Posted on 17/04/2023

China central bank boosts liquidity support with roll over of medium-term loans

China's central bank bolstered liquidity support for the economy as it rolled over maturing medium-term policy loans with higher cash offerings for the fifth month on Monday, while keeping the ... ( read original story ...)

Posted on 17/04/2023

China central bank ramps up liquidity injection when rolling over medium-term policy loans

China's central bank ramped up liquidity injection when rolling over maturing medium-term policy loans for the fifth consecutive month on Monday, while keeping interest rate unchanged, matching market ... ( read original story ...)

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