Tag: stock market

“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 ...)

Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)

SHANGHAI/HONG KONG (Reuters ... casting a pall on Beijing’s drive to lure tech giants back home. Xiaomi Corp [IPO-XMGP.HK][XTC.UL], expected to raise around $10 billion in Hong Kong and mainland offerings, said it would apply to China’s securities ... ( read original story ...)