Asian stocks were mixed Wednesday following Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve ... ( read original story ...)
Shanghai economy surpasses US$695.6 billion in 2024
Shanghai's economy exceeded 5 trillion yuan (US$695.6 billion) in 2024, mayor of the east China metropolis, Gong Zheng, said Wednesday. ( read original story ...)
China Stocks Slide Amid Investor Caution and U.S.-China Tensions
China's stock market experienced a decline on Wednesday after a robust rally, as cautious investors awaited further government stimulus. The CSI300 and Shanghai Composite both dropped, while Hong Kong ... ( read original story ...)
Explainer-China’s RedNote: what you need to know about the app TikTok users are flocking to
Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video ... ( read original story ...)
Hong Kong’s IPO market excites global funds, bankers as jumbo deals return, CICC says
Foshan Haitian Flavouring, CATL are among mainland industry leaders planning billion-dollar IPOs as China deepens market connectivity. ( read original story ...)
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements. ( read original story ...)
Private pension program creates new opportunities
The deposited money can be used to purchase financial products such as wealth management products, commercial endowment insurance, mutual fund products, treasury bonds, designated pension savings and ... ( read original story ...)