Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political ... ( read original story ...)
Stock Indexes Edge Lower in Early Trading on Wall Street
Stocks are off to another slow start on Wall Street as traders keep a close eye on Washington, where discussions are still stuck on providing more relief for the economy, and on coronavirus counts, ... ( read original story ...)
Shanghai, Beijing, Shenzhen mainland’s top financial centers
Shanghai, Beijing and Shenzhen have been rated as the top three financial centers among Chinese mainland cities, according to a new report. While the three cities top the national list in ... ( read original story ...)
Hong Kong stocks fall on losses in China Construction Bank, ICBC, as rising Covid-19 infections weigh on sentiment
On the Hang Seng Index, China Construction Bank led the losses with a 2.7 per cent decline. ICBC dropped 2.4 per cent, while BOC Hong Kong retreated 2 per cent. Hong Kong bourse operator HKEX declined ... ( read original story ...)
China’s experimental stock board gains 200th IPO just over a year after launching
The Nasdaq-style Shanghai Star Market launched in July 2019 in an effort to improve the ability of innovative companies to access public market financing. ( read original story ...)
China’s market-beating liquor stocks fancied by money managers keep others wary of valuation, investing blunders
The market-beating run of China’s biggest liquor distillers are keeping many investors in jubilant mood in a catastrophic year of pandemic. Others are preparing to greet the new year with caution. ( read original story ...)
Jack Ma’s Ant Group Ramped Up Loans, Exposing Achilles’ Heel of China’s Banking System
Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground. ( read original story ...)