China will stop lending of certain shares for short selling to arrest a slumping stock market. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in ... ( read original story ...)
Balance of loans in Shanghai up 7.3% at end of December 2023
SHANGHAI -- The balance of loans in Shanghai, including all currencies, rose 7.3 percent year-on-year at the end of December 2023 to 11.18 trillion yuan ($1.57 trillion), official data showed. ( read original story ...)
China Tightens Securities Lending Rule to Support Stock Market
China will halt the lending of certain shares for short selling from Monday, the securities regulator announced Sunday, in a move to support the country’s slumping stock markets. Most Read from BloombergSingapore’s $200, ( read original story ...)
Week In Review: Arrivent BioPharma Raises $175M In IPO For In-Licensings From China
ArriVent BioPharma priced its upsized NASDAQ IPO at $18 per share, raising $175M. Click here for more on biotech deals, financing, trials and approvals. ( read original story ...)
Balance of loans in Shanghai up 7.3 pct at end of December 2023
Specifically, the balance of loans in Chinese yuan stood at 10.59 trillion yuan, up 8.6 percent year on year, according to the People's Bank of China Shanghai Head Office. Outstanding foreign currency ... ( read original story ...)
China stocks steady after cut to bank reserves
SHANGHAI, Jan 25 (Reuters) - China stocks opened steady on Thursday after the country's central bank announced a deep cut to bank reserves the previous day to support a fragile economy and tumbling ... ( read original story ...)
Why Investors Should Not Rush Into China’s Stock Market
Investors should be wary of the government's efforts to prop up China's equity markets. The weakness in the property market could be the tip of an iceberg. ( read original story ...)