Remember, yesterday’s economic data was broadly stronger than anticipated, while the PBOC added liquidity to the financial system ... Mainland markets were off on poor breadth, with Shanghai and ... ( read original story ...)
Asian Stock Market: Risk aversion remains intact as fears of global banking crisis deepen, oil rebounds
Asian stocks are heavily battered further as global banking turmoil fears deepen after Credit Suisse’s debacle. The Swiss National Bank (SNB) has promised an advance of 50bln Swiss Francs to Credit ... ( read original story ...)
Asian stocks fall after Wall St sinks on new bank fears
BEIJING (AP) — Asian stock markets tumbled Thursday after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a possible bank crisis following the failure of two U.S. lenders. ( read original story ...)
Chinese Banking Shares Emerge as Havens Amid Global Sector Woes
Gains in state-owned lenders have stood out, with shares of Bank of China Ltd. in Shanghai rising for a fourth day on Thursday, reaching their highest level since July 2020. ( read original story ...)
SHFE Tin Prices Fall amid Bank Crisis
Affected by the liquidity crisis facing Credit Suisse, SHFE 2304 tin contract declined yesterday night and closed at 179,300 yuan/mt, down 4.17%. On the fundamentals, the warrants fell significantly ... ( read original story ...)
Asian stocks tumble as renewed bank rout outweighs China optimism
Investing.com -- Asian stock markets retreated on Thursday as bank shares faced renewed selling on fears of a global borrowing crisis, although an upbeat outlook on the Chinese economy helped limit ... ( read original story ...)
UPDATE 3-Traders in China’s $21 trillion bond market turn to chat apps after data block
Dealing Matrix said it has launched a platform for traders to get the latest price information from bond market makers on the Shanghai Stock Exchange. (Reporting by Winni Zhou, Li Gu, Jason Xue, ... ( read original story ...)