SHANGHAI : China's stock clearing agency said it will halve stock transfer fees from Friday to reduce investors' trading costs and to reinvigorate markets. The move is aimed at "promoting stable and ... ( read original story ...)
China Stock Market May Extend Wednesday’s Gains
The China stock market on Wednesday wrote a finish to the five-day slide in which it had plummeted more than 200 points or 6.6 percent. The Shanghai Composite Index now rests just beneath the ... ( read original story ...)
Bankers desperate to leave Shanghai as COVID lockdown hurts businesses
Harsh COVID-19 lockdowns have had a direct hit on business prospects in Shanghai, leaving finance sector workers desperate to move to Hong kong. ( read original story ...)
Financial lobby group urges Shanghai to ease COVID rules for staff stuck in offices
A leading lobby group for global financial services firms has urged Shanghai authorities to let hundreds of exhausted staff go home after a month-long strict COVID-19 lockdown that has kept them in ... ( read original story ...)
Shanghai wants ‘societal zero COVID’ as Beijing residents stockpile supplies for another lockdown
Shanghai's total lockdown has been in place for near a month, taking a toll on residents who have been confined to their homes. ( read original story ...)
Fed up with Covid-19 lockdown, bankers, fund managers consider leaving Shanghai
The four-week-long lockdown has started to weigh on financial deals, with some transactions put on hold. . Read more at straitstimes.com. ( read original story ...)
Shanghai’s Lockdown Missteps Undermine Financial Hub Ambitions
An eerie silence hangs over Shanghai’s financial district weeks into a draconian lockdown of the city. The streets of Lujiazui have been emptied of the 300,000 professionals who flood in on a typical ... ( read original story ...)