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Posted on 05/02/2024

China’s CanSino Sinks on Dropping Covid-19 Vaccine Arm From Financial Reports

CanSino’s mainland-listed stock [SHA: 688185] plunged 7.7 percent to finish at CNY46.06 (USD6.40), while its Hong Kong-traded shares [HKG: 6185] closed down 2.8 percent at HKD15.50 (USD2). ( read original story ...)

Posted on 05/02/2024

Stock market today: Asian stocks mostly fall as Chinese shares skid despite moves to help markets

Asian stocks were mostly lower on Monday, with Chinese shares again leading the declines even after the market regulator in Beijing pledged to crack down on abuses and protect small investors. On ... ( read original story ...)

Posted on 05/02/2024

Angry Chinese take to US Embassy’s social media account to vent about plunging stock market

Tens of thousands of people in China are flocking to the social media account of the US Embassy in Beijing to vent their anger and frustration with the continuing meltdown in the country’s stock ... ( read original story ...)

Posted on 05/02/2024

Chinese Shares Extend Losses Despite Regulator’s Pledge to Shore Up Market

Chinese shares extended declines despite a series of stimulus measures and the securities regulator’s latest pledge to shore up the market. ( read original story ...)

Posted on 05/02/2024

China regulator vows to stabilise market after stocks hit 5-year lows

China's securities regulator vowed to prevent abnormal market fluctuations, after Chinese stocks plunged to five-year lows, but announced no specific measures. ( read original story ...)

Posted on 04/02/2024

Chinese turn U.S. embassy post into ‘Wailing Wall’ for stock plunge

Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the U.S. Embassy in Beijing. ( read original story ...)

Posted on 04/02/2024

The stock market is reliving the dot-com tech bubble as the Magnificent 7 account for 45% of S&P 500 gains to start the year

The Magnificent Seven continued a wild streak of outperformance in January, accounting for 45% of S&P 500 gains during the month. ( read original story ...)

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