As more Chinese local governments have moved to adopt more flexible and precise anti-epidemic measures, China's capital markets staged a rally on Thursday, as investors anticipate a strong rebound in ... ( read original story ...)
China, Hong Kong stocks gain on Fed, Covid policy pivots
China and Hong Kong stocks started December on a bullish note, tracking global markets amid expectations that the US Federal Reserve will slow the pace ... ( read original story ...)
Mainland stocks jump as local governments adopt flexible COVID-19 measures
China’s benchmark Shanghai Composite Index jumped 1.16 percent in a big ... Hang Seng Index had also climbed by 1.53 percent as of 10: 11 am. The leap on the stock markets came as officials signaled a ... ( read original story ...)
Asian Stocks Jump After Powell Hints At Rate Hike Slowdown
An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district ... Carnell said it will be very hard now for the Fed to push back against market expectations for a ... ( read original story ...)
China’s med-tech firms rush for IPOs before 2022 ends
Both the Hong Kong Stock Market and the Shanghai STAR Market have seen med-tech companies, namely Orbusneich Medical Group Holdings Ltd. and Shanghai Genext Medical Technology Co. Ltd., making a rush ... ( read original story ...)
HSBC to shut down 114 branches in UK from April as people shift to online banking since pandemic
With people changing their preferences for using a bank, several bank branches have few customers using them. The drastic fall in the number of customers for physical banking has forced Hongkong and ... ( read original story ...)
China-Germany Stock Connect Is Technically Ready, Deutsche Börse’s Tomm Says
The China-Germany stock connect program is technically all set to go, according to Niels Tomm, Deutsche Börse Group’s board representative. China’s securities regulator expanded the stock connect ... ( read original story ...)