Money-losing China Grand Automotive Services, the country's second-largest dealership, was delisted from the Shanghai bourse in August after its stock traded below par value for 20 consecutive days. ( read original story ...)
China’s central bank cuts bank reserve rates, pledges other moves to help the economy
The Chinese central bank announced Tuesday a slew of measures aimed at reviving the sluggish economy, mainly by tackling a downturn in the property sector. ( read original story ...)
China’s central bank injects cash, lowers 14-day reverse repo rate
China's central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signalling its intent to further ease monetary conditions. ( read original story ...)
Asia: Hong Kong, Shanghai rally on China stimulus on mixed day for markets
People’s Bank of China chief Pan Gongsheng told a news conference ... Hong Kong stocks jumped more than two per cent and Shanghai was up around 0.8 per cent. There were also gains in Tokyo as dealers ... ( read original story ...)
Hong Kong, Shanghai rally on China stimulus on mixed day for markets
Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two economy. Hong Kong stocks ... ( read original story ...)
China’s central bank injects cash into economy
SHANGHAI: China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signalling its intent to further ease monetary conditions ... ( read original story ...)
Alibaba-backed Qiniu renews bid for Hong Kong IPO after Midea boosts sentiment
Qiniu, a Chinese cloud service provider backed by Alibaba, is making a third attempt at a Hong Kong initial public offering. ( read original story ...)