China's central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools. ( read original story ...)
China urges swift implementation of expansive financial policies
China's central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly implement expansive policies to support the economy and the capital markets. ( read original story ...)
Global Autonomous Driving Tech Company Pony.ai Files for IPO
The self-driving startup didn’t say how many shares it would list or give an anticipated price range in a filing with the SEC. ( read original story ...)
China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks
The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much. ( read original story ...)
Hong Kong stocks halt 3-day decline on plan to reinvigorate IPOs, earnings outlook
Investors await details from a press conference held by China’s Housing Minister Ni Hong for reviving the nation’s property market. ( read original story ...)
Financial commentators are sulking over China
What the West seeks from China often differs from what China desires for itself. Last week, the Ministry of Finance failed to deliver a “bazooka” rocket, leaving many Western economic commentators ... ( read original story ...)
China hedge funds caught out by abrupt market surge
China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily ... ( read original story ...)