The benchmarks in Hong Kong and China took their cues from declines across most other Asian markets, with declines being recorded on every major index from Seoul to Sydney. ( read original story ...)
China Stock Market: Support Expected At 3,400 Points
The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had climbed more than 70 points or 2.1 percent. The Shanghai Composite ... ( read original story ...)
U.S. financial firms like Citi and BlackRock make inroads into the Chinese market
Citi says has become the first U.S. bank to receive a domestic fund custody license from the Chinese regulator, while New York-based global asset management giant BlackRock gained approval last month ... ( read original story ...)
Geely’s Shares Gain After Carmaker Seeks USD2.9 Bln Listing on Shanghai’s Star Market
Shares of Geely Automobile Holdings gained after the Chinese firm said that the Shanghai Stock Exchange has accepted its application to issue shares on the Star Market, aiming to raise CNY20 billion ... ( read original story ...)
Ant Group plans to raise more funds in Shanghai than HK in giant IPO – sources
China's Ant Group plans to raise more funds on Shanghai's Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a ... ( read original story ...)
Citi becomes first US bank to win custody prize in China
Citigroup has become the first US bank to receive a fund custody licence in China, allowing it to provide a core service to global asset managers as they rush to participate in the opening up of the ... ( read original story ...)
Hong Kong stocks fall as energy, financial firms retreat
Hong Kong stocks ended lower on Wednesday, weighed down by energy and financial firms. ** At the close of trade, the Hang Seng index was down 64.76 points or 0.26% at 25,120.09. The Hang Seng China ... ( read original story ...)