China's financial hub of Shanghai reported on Monday a record daily surge in local COVID-19 infections as authorities scrambled to test residents and rein in the Omicron variant, while the Disney ... ( read original story ...)
HSBC, CICC among major financial firms calling bottom on China stocks after Beijing moves to soothe investors
Some of China’s top investment banks and money managers have started to call a bottom on the world’s second-largest stock market, after Beijing reassured investors by pledging more measures to bolster ... ( read original story ...)
Shanghai Smart Control’s IPO to debut on Shenzhen Stock Exchange
Shanghai Smart Control (001266) to start trading on the Shenzhen Stock Exchange's Main Board Feb 28, next Monday. The firm has issued 18.36 mln shares priced at RMB 38.61 per share raising RMB 708.88 ... ( read original story ...)
Chinese fintech stocks top weekly financial gainers; two insurance names decline
Some U.S.-listed Asian fintech rode higher this week after China pledged to stabilize markets and to support companies listing overseas ... ( read original story ...)
China’s Pledge to Support Its Market Is a First Step. Here’s What’s Needed for a Durable Recovery.
China’s wide-ranging promises struck the right chord to repair investor sentiment, but a durable recovery will require Beijing to match its words with action. ( read original story ...)
Better financial support for Zhejiang in realizing common prosperity
Besides, Jiaxing in northern Zhejiang, which borders the nation's financial hub Shanghai, will be encouraged to build itself into a highland for commercialization of science and technological findings ... ( read original story ...)
China’s Stock Market Rises on Anticipation of Policy Easing
China's stock markets rose for a third day on Friday, erasing earlier losses, after senior leaders pledged extra support for the struggling economy this week. The Shanghai Composite Index jumped 1.12% ... ( read original story ...)