The entity established a sub-branch in Beijing in August 2014 and a branch in Shanghai in February 2016. According to the approval of the Banking Regulatory Authority of the State Council and other ... ( read original story ...)
Chinese brokerages promise market support, firms set buybacks as trade war intensifies
Top Chinese brokerages have pledged to help steady domestic share prices in a concerted effort, the Shanghai bourse said, and scores of listed companies unveiled stock buying plans, as the local ... ( read original story ...)
2Haitian Flavoring Reports Double-digit Profit Growth For 2024; Prepares…
Foshan Haitian Flavouring and Food Co. Ltd. (603288.SH) last Thursday reported revenue and profit growth for 2024 amid a globalization drive to propel its business. The leading Shanghai-listed soy ... ( read original story ...)
Shanghai’s elderly investors keep faith despite stock market woes
A raucous group of elderly investors held court at a Shanghai securities company on Tuesday, chatting loudly about the stock prices flickering on LED boards as Chinese markets stutteringly recovered from the brutal day before. ( read original story ...)
Hedge funds capitulate, investors brace for margin calls in market rout
Some hedge funds say they are offloading all or most of their holdings of stocks as U.S. President Donald Trump's trade war wipes out trillions of dollars of market value and forces them to curtail trading using borrowed cash. ( read original story ...)
Pateo Connect Revs Up For IPO, Belching Widening Losses And Slumping margins
Pateo Connect has filed for a Hong Kong IPO, reporting its revenue jumped by 70.9% last year as its net loss widened The smart cockpit maker's gross margin is slipping amid intense competition and its ... ( read original story ...)
China, Hong Kong stocks rise with regional markets, Beijing support
China and Hong Kong stocks rose on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs. ( read original story ...)