It's 2019 and China isn't close. US bankers say, Chinese capital controls mean Shanghai is not a global financial hub. Restrictions on the movement of capital in and out of China have scuppered ... ( read original story ...)
Stock-market strategist says Wall Street should shake of Trump trade anxieties and ‘buy this dip’
Buy this stock-market decline on Monday. That’s the recommendation of ... 5.53% tumbled 5.8% and the Shanghai Composite Index SHCOMP, -5.58% lost 5.6% on Monday. Domestic markets also got whacked, ... ( read original story ...)
Chinese Media Downplays Trump’s Tweets, Market Plunge
Donald Trump is testing the limits of China’s bull market ... resorting to short-term boosts to stock prices,” said Raymond Chen, a Beijing-based portfolio manager with Keywise Capital Management ... ( read original story ...)
Stock market woes in China and Hong Kong spill over to Asia as Trump’s surprise tweet rekindles concerns of escalating trade war
The Shanghai Composite Index slid 3.7 per cent ... yuan contracts plunged by the most in more than three years. China’s market woes spilled over to the rest of Asia, sinking stock indexes from Seoul ... ( read original story ...)
The Best ETFs for the Shanghai Composite Index
Among its largest stocks are: PetroChina, Industrial and Commercial Bank, Agriculture Bank of China, China Life and China Petroleum & Chemical. The Shanghai Composite Index is one of the most ... ( read original story ...)
China to further open up banking and insurance sectors
a Shanghai-based analyst at Capital Securities. "This may also be a possible response to the trade war with the US, pushing China to further open its markets." HSBC Holdings holds shares in Bank of ... ( read original story ...)
China Unveils Plans to Further Open Up Banking and Insurance Sectors
Fresh funds would provide timely support for a banking industry under pressure from a slowing ... To contact Bloomberg News staff for this story: Jun Luo in Shanghai at jluo6@bloomberg.net;Lucille Liu ... ( read original story ...)