Insurance and financial companies led the gains, with Sumitomo Mitsui Financial Group ... as financials continued to climb. The Shanghai Composite SHCOMP, +1.25% was up 1.6% and the Shenzhen Composite ... ( read original story ...)
China’s Day Traders Resort to Black Comedy as Stock Losses Mount
Telling their brokers to buy the Shanghai Composite Index at 2,000 points -- 30 percent ... “The problem with China’s stock market is that it is too young. It’s like a restless teenager.” Trading in C... ( read original story ...)
Shanghai Cancels Four Land Sales Worth RMB 5.41B as Clampdown Deepens
Shanghai has cancelled four planned land sales worth a total of more than RMB 5.41 billion ($796.4 million) in less than a month, as restrictions on the country’s real estate market dampen developer d... ( read original story ...)
Global Stock Market Breadth: A “Healthy” Debate
Is that what’s about to happen? Since U.S. stock market internals are strong, it’s easier to make the case for buying weakness. I’ll leave you with a look at the most obvious weak market in the world. ... ( read original story ...)
China regulator says stock index futures ‘back to normal’ soon: sources
SHANGHAI/BEIJING (Reuters ... The sources said Fang did not define “normal status”, but the easing gesture, made after China’s stock market has fallen about 14 percent this year amid a nascent trade w... ( read original story ...)
China state-backed funds sit on their hands during stock market slump
SHANGHAI (Reuters) - China’s five state-backed mutual funds, launched during the 2015 crash to rescue the market, sat on their hands last quarter when shares slumped roughly a tenth amid trade war con... ( read original story ...)
Microport Is Weighing an IPO of Heart Valve Implant Business
Microport Scientific Corp., a Shanghai-based medical device maker ... Deliberations about a possible stock offering are at an early stage, and they may not result in an IPO of the business, said the p... ( read original story ...)