Copper rose on Monday, with the Shanghai benchmark hitting a more than eight-year high and London prices set for their best month in four years, as solid China manufacturing data and risk-on sentiment ... ( read original story ...)
China central bank offers salve to jittery markets with surprise MLF injection
China's central bank surprised markets on Monday with an injection of medium-term cash into the banking system, in what traders and analysts viewed as a move to calm nerves rattled by a string of ... ( read original story ...)
Ant IPO Is Said to Face Slim Chances of Getting Done Next Year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Banking Leads Chinese Shares to Higher Open
China’s mainland stock markets opened higher this morning as the banking sector surged. The Shanghai Composite Index opened 0.29 percent higher at 3,418.16, while the Shenzhen Component Index rose ... ( read original story ...)
Commentary: Shanghai and Shenzhen, vital cities in China’s next phase of growth
By recognising and investing in the strengths of pioneering cities and regions, China has developed a mechanism for advancing its economic ... ( read original story ...)
HSBC weighs exit from U.S. retail banking – FT
HSBC (NYSE:HSBC) is considering exiting the retail banking business in the U.S. in a move that would reallocate resources to more profitable businesses in Asia, the Financial Times reports, citing two ... ( read original story ...)
HK exchange unveils plans to expand mutual market access
Hong Kong Exchanges and Clearing Limited (HKEX) on Friday announced specific plans to expand the Stock Connect, a landmark mutual market access program connecting Hong Kong and mainland equity markets ... ( read original story ...)