The Chinese stock market has evolved well beyond a much more narrow group ... However, with holdings in cheap financial sector plays like China Merchants Bank (Shanghai Stock Exchange: 36-SZ), China Construction Bank (Shanghai Stock Exchange: 1939-SZ ... ( read original story ...)
SSE Market Value Top 100 Index (000155) Soars 0.49% on Oct 18
Behind this success is the nation’s leading stock exchange, the Shanghai Stock Exchange (SSE). With over 1,000 companies listed on it and a market capitalization of $3.50 trillion as of February, the SSE is the second largest stock exchange in Asia and ... ( read original story ...)
Jim Rogers funded new fintech bank ITF to set up headquarters in Hong Kong
It has also established correspondent banking relationships with Bank of Communications Shanghai and Bank of Communications Hong Kong. ITF aims to launch the beta version of its product in the third quarter of 2018. The Monetary Authority last month ... ( read original story ...)
China central bank chief surprises with gravity-defying 7 percent second-half growth forecast
SHANGHAI/BEIJING (Reuters) - China’s central bank governor said the economy could grow 7 percent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically explicit ... ( read original story ...)
China central bank chief surprises with gravity-defying 7 pct H2 growth forecast
SHANGHAI/BEIJING: China’s central bank governor said the economy could grow 7 per cent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically explicit growth ... ( read original story ...)
Has Shanghai stock market really done so badly over past decade?
The Hang Seng index recently closed at its highest level in a decade. In contrast, the Shanghai market hit 3,378 points, almost halving its previous high of 6,124 points set on Oct. 16, 2007. Does that mean mainland investors have suffered huge losses from ... ( read original story ...)
China shares mixed at close of trade; Shanghai Composite down 0.15%
Declining stocks outnumbered rising ones by 625 to 618 and 77 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.92% to 17.62. In commodities trading ... ( read original story ...)