Tag: stock market

SHANGHAI- Microsoft ScaleUp Shanghai today hosted the Think Next demo day for its third cohort of startup companies. 14 entrepreneurial teams shared their innovative achievements in areas of artificial intelligence, cloud computing, big data, Internet of ... ( read original story ...)

Local administrators in Shanghai said they are planning to roll out more projects responding to the central government's financial opening-up policies later this year, especially in the China (Shanghai) Pilot Free Trade Zone. The new projects follow 23 ... ( read original story ...)

“It will remain one of the major overhangs for the stock market in the near term,” Hao Hong, chief strategist at Bocom International Holdings Co., said in an interview from Shanghai. Few are calling for a 2015-style collapse. But any sign of increased ... ( read original story ...)

Foreign financial institutions will be allowed to establish a branch and subsidiary at the same time while foreigners can own majority stakes in domestic life insurance companies in Shanghai Pilot Free Trade Zone. These will be possible under 25 new rules ... ( read original story ...)

In four days, Shanghai fell 6%, a two year minimum. Hong Kong and Seoul also mark losses. Trump's threats weigh on $ 200 billion worth of Chinese export products. But the problem remains Chinese state debt. The assurances of Yi Gang and the injection of ... ( read original story ...)

... Internet banking with about 70 percent of local companies preferring mobile to internet banking, according to a survey by Hongkong and Shanghai Banking Corporation. "Hong Kong companies are expanding their supply chains to conduct business all over ... ( read original story ...)

A brief rebound ensued before it lost steam quickly and the market resumed its declines. The Shanghai Composite is now the worst-performing benchmark among the world’s major stock markets this year with a 12 per cent loss. While policymakers are sticking ... ( read original story ...)