Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1044 to 348 and 83 ended unchanged. Shares in Shenzhen Techand Eco Environment (SZ:300197) fell to 5-year lows; losing 10.06 ... ( read original story ...)
Hong Kong takes global IPO crown, looks to a quieter 2019
But while IPO volumes surged in 2018, performance went in the opposite direction, as markets were buffeted by U.S.-China trade tensions and macroeconomic uncertainty. Chinese shares have been particul... ( read original story ...)
Beijing vows to reduce meddling in trading after bad year for China stock market
It was not enough to boost market sentiment immediately, as the benchmark Shanghai Composite Stock Index closed on Thursday at a two-month low. Beijing’s efforts to draw fresh funds into stocks may no... ( read original story ...)
Shanghai: SSE Composite Index (.SSEC) China’s central bank decided to keep short-term borrowing rates steady
The mainland Chinese markets were mixed on the day, with the Shanghai composite slipping 0.52 percent to close at about 2,536.27 and the Shenzhen composite recovering from earlier losses to end the tr... ( read original story ...)
This Chinese Blood Stock Lost $9 Billion in Just 10 Days
Even by the standards set in China’s slumping stock market this year, this is extreme. Shanghai RAAS Blood Products Co., which manufactures and develops human blood products, resumed trading this mont... ( read original story ...)
China mutual fund closures hit record on shadow banking purge
SHANGHAI (BLOOMBERG) - China's cleanup of its shadow-banking system is fueling a record number of liquidations in its US$1.9 trillion (S$2.61 trillion) mutual fund market. More than 600 funds have bee... ( read original story ...)
Major global markets are already in a bear market or getting close, stoking fears of slowing growth
Several major stock indices are at or nearing bear market territory ... Those data points pushed those major Asian market indices further into bear market territory, and the Shanghai Composite has now ... ( read original story ...)