Tag: finance

It makes sense that Beijing now has its eye on reforming Shanghai’s Nasdaq-style Star Market ... The new measures will revamp the pricing mechanism for IPOs, encourage more mergers and acquisitions to ... ( read original story ...)

China’s stock market closed lower due to a worldwide sell-off in semiconductor ... However, China’s Shenzhen Component and Shanghai Composite indices declined by 0.44% and 0.83%, respectively. ( read original story ...)

In Asian markets, Seoul, Tokyo and Hong Kong were trading higher while Shanghai quoted lower while US markets ended ... "A positive news from the market perspective is the current account turning surplus in Q4 FY24. This will take away the pressure on ... ( read original story ...)

The International Monetary Fund (IMF) and the People's Bank of China (PBOC) announced that a new IMF Regional Center will be opened in Shanghai to further strengthen the IMF ... The International ... ( read original story ...)

which also helped lift stock prices. Mainland China had a very weak day as the Shanghai Composite declined -1.17%, closing below the 3,000 level and the Shenzhen Component fell -2.29%, as the market ... ( read original story ...)

Chinese shares declined, weighed by software and property stocks. The benchmark Shanghai Composite Index closed 1.2% lower at 2963.10, the Shenzhen Composite Index fell 2.3% and the ChiNext Price ... ( read original story ...)

Also Thursday, Indonesia’s central bank kept its benchmark rate steady at 6.25%. Indonesia's currency, like many in Asia, has weakened against the dollar, slowing moves by its central bank to cut ... ( read original story ...)