Tag: finance

The Shanghai Composite Index had its worst day of the year Thursday, down 2.3%. After beginning a well-defined price uptrend that started in May 2017, Wednesday’s move could trigger sensitive momentum algorithms to exit long positions, particularly those ... ( read original story ...)

[Photo by Zhang Lulu/China.org.cn] The financial technology startup BankLink had a choice among Beijing, Shanghai and Chengdu to locate. Despite Beijing and Shanghai being the favorites for many Chinese entrepreneurs, the fintech company eventually ... ( read original story ...)

The five buildings featured in the 597-piece set (#21039) are the Longhua Temple, The Bund waterfront area, the Oriental Pearl TV Tower, the Shanghai World Financial Center and the Shanghai Center Building. The Lego Architecture Shanghai skyline was ... ( read original story ...)

With a month to go before the year’s end and with no blockbuster sales in the pipeline, Hong Kong looks unlikely to match last year’s HK$195 billion raised, or catch up with Shanghai or the New York Stock Exchange on the top of the global IPO rankings. ( read original story ...)

The unusual callout by the government-controlled bourse highlights regulators’ worry over asset bubbles following the stock market’s disastrous boom ... closing level of Rmb688 the previous day, the Shanghai Stock Exchange said in a letter to Essence. ( read original story ...)

But Moutai is also the second-largest stock on China’s big-cap SSE 50 Index ... a fund manager at Hengsheng Asset Management Co. in Shanghai. “Its valuation and market cap will affect the pricing of other blue chips, and a rally within a short period ... ( read original story ...)

SEOUL, South Korea (AP) — Stocks in Shanghai fell sharply but in rest of Asia, markets were calm Thursday after the Fed minutes largely met investor expectations that it will soon raise interest rates for a third time next month. KEEPING SCORE: China’s ... ( read original story ...)