Tag: stock market

China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions ... ( read original story ...)

Stock futures are sharply ... which is better than the median market forecast for a drop of 6.5%. Nonetheless, Japan’s Nikkei closed 1.2% lower. Elsewhere, Hong Kong’s Hang Seng and China’s Shanghai ... ( read original story ...)

The China stock market has climbed higher in three straight sessions, advancing almost 100 points or 3.1 percent along the way. The Shanghai Composite Index now sits just above the 3,295-point plateau ... ( read original story ...)

Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers ... ( read original story ...)

The Shanghai-based firm slashed sales of such ... of China’s three-year effort to tackle financial risks in the shadow banking system. The sector has been drawn into the purview of new rules ... ( read original story ...)

China has moved from the 78th place to 31st in 2020, the report said. Shanghai accounts for 55 percent of China's weight in the World Bank's report. Following a city-wide meeting to mobilize the ... ( read original story ...)

China's recent acceleration in business reforms has helped the country become the top reformer among large economies, according to a report issued by the World Bank. Figures presented in the Doing ... ( read original story ...)