The Shanghai index increased by 1.11%. The Dow Jones' market breadth regained its momentum. 87% of the Dow Jones stocks traded above their 200-day moving average. This is a change of +4% from a day ... ( read original story ...)
Covid-19 vaccine hope brings tailwind to Chinese airlines as CICC predicts a doubling in stock valuation
The promising outlook for a Covid-19 vaccine has powered a rally in Chinese airlines and airport operators, prompting stock analysts to make bold predictions about the pandemic-stricken air travel ... ( read original story ...)
China c.bank tries to soothe market nerves after SOE debt shocks
China's central bank injected more than $120 billion yuan into the country's banking system on Monday in a move to soothe rattled nerves after a series of debt shocks involving state-owned enterprises ... ( read original story ...)
China c.bank injects 800 bln yuan of medium-term loans, rate unchanged for 7th month
China's central bank on Monday injected 800 billion yuan ($121 billion) in medium-term loans into the banking system and kept borrowing costs unchanged for the seventh straight month. ( read original story ...)
Financial services can transform Yangtze region
The Yangtze River Delta, the cluster contributing a quarter of the country's GDP and covering Shanghai as well as Jiangsu, Zhejiang and Anhui provinces, is expected to deepen integration and back the ... ( read original story ...)
China-UK stock market a ‘flop’ as firms shun initiative
Shanghai Connect scheme was launched in June 2019 to encourage large Chinese and British companies to raise capital through listings on each other's stock markets. ( read original story ...)
Flagship scheme to forge closer links between Britain and China’s stock markets dubbed a ‘flop’ after UK firms shun the initiative
Shanghai Connect scheme was launched in June 2019 to encourage large Chinese and British companies to raise capital through listings on each other's stock markets. ( read original story ...)