When China rolled out its own Nasdaq-style listings venue, regulators forced investment banks to buy stocks in the companies they took public. That unusual requirement is now paying off big time. ( read original story ...)
China’s stock market value hits record high of more than $10tn
The total value of China’s stock market has climbed to a record high of more than $10tn, as the country’s accelerating economic recovery propelled it past the previous peak hit during an equities ... ( read original story ...)
Market value of Chinese companies reaches record high
The total value of all stocks listed in bourses in Shanghai and Shenzhen secured a new peak of $10.08 trillion as markets closed on Tuesday, the same day that Beijing released positive trade data, the ... ( read original story ...)
China’s stock market passes $10 trillion
Chinese stock valuations have hit a record high ... The CSI 300 – the benchmark index of Shenzhen and Shanghai stocks – is up 17pc this year. Despite being the initial epicentre of the Covid-19 ... ( read original story ...)
Abrupt overtaking forces car to collide with tunnel wall in Shanghai
An abrupt overtaking by an SUV forced a car to bump into the wall in a tunnel in China's Shanghai on October 13. The video shows a black car overtaking a white SUV. ( read original story ...)
China stocks end lower on property sector woes, profit-taking
China shares ended lower on Wednesday, with property firms among the biggest laggards, on mounting pressure for raising cash under the government’s n ... ( read original story ...)
Hong Kong forex intervention hits highest since 2009 financial crisis
Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)