Tag: finance

China vowed to crack down on short-selling and insider trading, attract investment from longer-term funds, and listen to investors earnestly. ( read original story ...)

China (SHCOMP) -1.02%. China Caixin Services PMI for January 52.7 (prior 52.9). Hong Kong (HSI) -0.11%. The S&P Global Hong Kong SAR PMI fell to 49.9 in January 2024 from 51.3 in December, signaling broadly unchanged private sector conditions at the start of the year. ( read original story ...)

The former president of one of China’s biggest privately run banks has been sentenced to death by a Chinese court. The sentence has been suspended for two years. Tian Huiyu, 58, was for nine years the ... ( read original story ...)

Tian Huiyu, former president of China Merchants Bank, was given the death penalty with a two-year reprieve for crimes including taking bribes, abuse of power, using undisclosed information for trading ... ( read original story ...)

CanSino’s mainland-listed stock [SHA: 688185] plunged 7.7 percent to finish at CNY46.06 (USD6.40), while its Hong Kong-traded shares [HKG: 6185] closed down 2.8 percent at HKD15.50 (USD2). ( read original story ...)

Asian stocks were mostly lower on Monday, with Chinese shares again leading the declines even after the market regulator in Beijing pledged to crack down on abuses and protect small investors. On ... ( read original story ...)

Tens of thousands of people in China are flocking to the social media account of the US Embassy in Beijing to vent their anger and frustration with the continuing meltdown in the country’s stock ... ( read original story ...)