Chinese stock traders have turned their attentions to brokerages ... as the securities regulator intensified its clampdown on excessive speculation after the 2015 market crash. The Shanghai Composite has seesawed within a 700-point range so far this ... ( read original story ...)
China’s Newest Stock Connect Sees Foreigners Beating the Index
"The buying was a little bit irrational -- they are good stocks, but investors may have priced in too much earnings upside," said Zhang Gang, a Central China Securities Holdings strategist based in Shanghai ... they have become stock-market darlings ... ( read original story ...)
China sees growth in financial talent
While the majority of charter holders in China are concentrated in metropolises like Shanghai and Beijing, the landscape is quickly changing, with tier-two cities, including Hangzhou and Chengdu, seeing "exponential growth" in terms of financial talent ... ( read original story ...)
Flat Lead Called For China Stock Market
(RTTNews.com) - The China stock market moved higher again on Monday, one session after it had snapped the three-day winning streak in which it had gathered almost 70 points or 2.2 percent. The Shanghai Composite Index now rests just above the 3,250-point ... ( read original story ...)
China blue chips near 18-month highs, financial and consumer firms lend support
SHANGHAI, July 24 (Reuters ... up 0.1 percentage point from its April forecast. Financial and consumer shares led the gains, after second-quarter reports by mutual funds showed institutional investors continued to accumulate blue chips with stable ... ( read original story ...)
China stocks end week higher as investors plough into blue chips
China's opening up its stock market to foreign investors by the Shanghai, Shenzhen and Hong Kong connect programmes, as well as by the MSCI's decision to include China stocks, also helped prompt a rotation into blue chips, Xu added. US index provider MSCI ... ( read original story ...)
Chinese courier ZTO sued for “untrue statements” in $1.4 billion U.S. IPO
ZTO's listing was the largest U.S. listing in 2016 and was the biggest by a Chinese company since the $25 billion IPO of e-commerce giant Alibaba Group Holding Ltd in 2014. Shares in Shanghai-based ZTO closed on Thursday at $15.68, about 20 percent below ... ( read original story ...)