Lujiazui, Shanghai's financial center, forms a perfect backdrop to Shanghai's Bund. [Wang Gang/For China Daily] BEIJING - Local financial regulators across China have rolled out multiple policies in ... ( read original story ...)
China’s ‘national team’ seen stepping up stock market intervention after a sudden surge in assets at top exchange-traded funds
Sudden inflows this year signals heightened intervention by influential state-run funds to support the nation's stock market 'In the near term, the national team is still likely buy stocks to create a ... ( read original story ...)
Everything China’s Doing to Rescue Its Battered Stock Market
Chinese stocks have struggled for traction since returning from the Lunar New Year break, adding pressure on Beijing to provide more support and restore confidence in an economy grappling with a ... ( read original story ...)
Stock Market News Today, 02/20/24 – Futures Inch Lower After a Dull Week
U.S. futures inched lower on Tuesday morning, continuing the sluggish trend observed in the last week. Futures on the Dow Jones Industrial ... ( read original story ...)
Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
Asian shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break. Benchmarks rose in China but slipped Tuesday in Tokyo, Sydney and Seoul. Oil prices rose. ( read original story ...)
China’s central bank unexpectedly cuts benchmark lending rate y 25 bps to 3.95%
China held its one-year loan prime rate on Tuesday, but surprised markets by lowering the five-year rate by 25 bps to 3.95%, according to a statement Tuesday from the People’s Bank of China. Reuters ... ( read original story ...)
Chinese Car Rental Firm eHi Weighing $300 Million US IPO, Sources Say
Hi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as this year, ... ( read original story ...)