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Tag: banking

Posted on 20/04/2023

‘Deep, lingering, persistent’ skepticism over China’s growth potential is keeping global financial markets from embracing its reopening

It has been four months since China dismantled its strict Covid-19 controls and fully re-emerged from three years of self-imposed isolation. The impact of China’s reopening, both at home and abroad, ... ( read original story ...)

Posted on 20/04/2023

Silicon Valley Bank’s Shanghai joint venture ‘operating normally’

Pan Weidong, president of the second-tier Chinese state-owned lender, said the Shanghai-based 50-50 venture SPD Silicon Valley Bank (SSVB) is "operating normally for the time being." The conference ... ( read original story ...)

Posted on 19/04/2023

Stock market today: Asia trading mixed ahead of earnings

News that China’s economic growth accelerated in the latest quarter, to 4.5%, did not have much of an impact on share prices. While consumption and retail sales have grown, other indicators, such as ... ( read original story ...)

Posted on 19/04/2023

Stock Market Today: Asian Trading Mixed Ahead of Earnings

Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks ... ( read original story ...)

Posted on 19/04/2023

China Stock Market: Resistance Expected At 3,400 Points

The China stock market has moved higher in three straight sessions, collecting more than 75 points or 2.4 percent in that span. The ... ( read original story ...)

Posted on 18/04/2023

Stock market today: Shares mixed following China growth data

Global shares are trading mixed as pessimism over global uncertainties remained even as China reported better-than-expected economic growth data. ( read original story ...)

Posted on 18/04/2023

China’s priciest IPO of the year makes solid trading debut after listing rules overhaul

Shanghai Suochen Information Technology, China’s priciest initial public offering (IPO) of the year, surged on debut as investors validated the sweeping overhaul of listings rules that removed an ... ( read original story ...)

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