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Tag: finance

Posted on 30/01/2023

China’s yuan jumps on signs of economic recovery, market awaits global central bank meetings

SHANGHAI: China’s yuan jumped against the dollar on the first trading day after the week-long Lunar New Year holidays on Monday, as investors cheered signs of economic recovery suggested by robust ... ( read original story ...)

Posted on 30/01/2023

China central bank to roll over lending tools to spur growth

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/Fil ... ( read original story ...)

Posted on 30/01/2023

China bull market beckons stock traders as consumption revs up

A four-week rally in Chinese equities is set to culminate in a bull market when trading resumes today, as a rebound in consumption galvanises the shares. ( read original story ...)

Posted on 28/01/2023

Shanghai Vows Greater Market Access for Economic Recovery

Shanghai is ramping up efforts to improve its market access as part of a benchmark program to inject more economic vitality into China’s financial center following years of pandemic-related ... ( read original story ...)

Posted on 28/01/2023

Why Chinese EV Maker Li Auto Stock Jumped This Week

Momentum in the stock has been coming from China's reopening that helped ... The company overcame struggles that particularly impacted its factory in Shanghai, China. That government's attempt to ... ( read original story ...)

Posted on 27/01/2023

No holding back on Chinese stocks as hedge funds buy while BlackRock says market is unprepared for nasty surprises

The bullish start in 2023 has obscured the fact that the first quarter tends to be painful for investors in Chinese stocks in recent memory. BlackRock says the market view is too rosy for now. ( read original story ...)

Posted on 26/01/2023

Tesla hits new high for car deliveries in Q4; Shanghai plant remains its top export hub

Tesla hit a new high for car deliveries in the fourth quarter in 2022, exceeding 405,300 vehicles, and its Shanghai plant remains its top export hub, according to its financial results for the fourth ... ( read original story ...)

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