SHANGHAI, Nov 27 (Reuters) - China's stock markets fell sharply on Monday ... Selling in stock markets has been prompted by a rout in the country's bond market that pushed yields on Chinese government treasury bonds to three-year highs, and by fresh ... ( read original story ...)
Hong Kong stocks close below 30,000 as Shanghai shares fall most in a year
The stock fell ... the benchmark Shanghai Composite Index declined 2.3 per cent, or 78.54 points, to finish at 3,351.92, reflecting the steepest daily percentage decrease since December 2016. Among the 3,400 stocks in the A-share market, more than 2,800 ... ( read original story ...)
Shanghai Carthane Co Ltd (603037) Plunges -0.89% on Nov 27
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 ...)
Shanghai Baosteel Packaging Co Ltd (601968) Moves Up 0.36% on Nov 27
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 ...)
China clamping down on vast shadow banking sector
If tighter regulations squeezes banks' fund flows, "there could be some localized moves to dump sovereign debt," said a trader at a Shanghai bank. Given this potential for turbulence, some doubt that the new regulations will be enforced. In 2013 ... ( read original story ...)
Shanghai Stocks Falling Out of Favor As Central Bank Tightening Hard On Track
The Shanghai Composite Index had its worst day of the year Thursday, down 2.3%. After beginning a well-defined price uptrend that started in May 2017, Wednesday’s move could trigger sensitive momentum algorithms to exit long positions, particularly those ... ( read original story ...)
Chengdu aspires to be the financial hub in west China
[Photo by Zhang Lulu/China.org.cn] The financial technology startup BankLink had a choice among Beijing, Shanghai and Chengdu to locate. Despite Beijing and Shanghai being the favorites for many Chinese entrepreneurs, the fintech company eventually ... ( read original story ...)