China's Shanghai Stock Exchange Composite, however ... and the political stability in Washington looks less than normal. A growing number of market watchers are saying there is more value for stock investors outside the U.S. So far that hasn't weighed ... ( read original story ...)
ICBC, AgBank post better-than-expected Q3 net profit, while smaller rival Bank of China falls well short of estimates
The optimism is backed by an economy that is on a firmer footing and the deleverage drive that is beneficiary to their assets quarter in a longer term Zhao Yarui, analyst at Bank of Communications in Shanghai. The bank also struck a similar tone on ... ( read original story ...)
Chinese agency denies overwork led to young model’s death
The Chinese agency representing a 14-year-old Russian model who died after Shanghai fashion week has denied allegations that she was overworked and exhausted. The death of Vlada Dzyuba in a Chinese hospital on Friday has shone a light on the world of ... ( read original story ...)
Xi Appoints New Leader to Run China’s Biggest Financial Hub
Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)
Shanghai stocks post worst day in 11 weeks on fears of IPO wave
SHANGHAI: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity. The Shanghai Composite Index dropped 0.8 ... ( read original story ...)
China Biggest Financial Hub, Provincial Economy Get New Leaders
Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)
A tale of two cities: how home prices affect Hong Kong and Shanghai’s competitiveness
As Shanghai and Hong Kong battle for supremacy on the economic and financial fronts, property prices in the two cities could potentially become the game changer. According to a study jointly conducted by the United Nations and the Chinese Academy of Social ... ( read original story ...)