Between June 2015 and February 2016, the stock market in China saw severe bouts of value erosion. In just a month from June 2015, the Chinese A shares and the Shanghai Index lost nearly a third of their value. But the losses in the stock market crash in ... ( read original story ...)
Banks are banking on startups as new growth drivers
Earlier this year, Zhang's startup was extended a 60-million-yuan (US$9.02 million) line of unsecured and guarantee-free credit from Shanghai HuaRui Bank. The bank, the first local private lender which was set up in 2015, has been exploring the segmented ... ( read original story ...)
China c.bank tries to calm nervous bond market as risks loom
SHANGHAI/HONG KONG, Oct 31 (Reuters) - China's central bank tried to calm a nervous bond market on Tuesday with more liquidity injections, helping to steady 10-year yields following a sell-off, as anxiety deepened about a renewed crackdown on riskier ... ( read original story ...)
Shanghai Stock Exchange to Seek Pacts With More Foreign Bourses
Pacts between national exchanges would help the mainland increase its financial influence in the region, said Shen Zhengyang, a Shanghai-based analyst with Northeast Securities Co. “Capital market connectivity is an important part of belt and road ... ( read original story ...)
Biggest stock collapse in world history has no end in sight
It’s going to take more than the biggest stock slump in world history to convince ... When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just around the ... ( read original story ...)
World’s greatest stock wipeout: This company has lost $800B in market value — and it’s still not a buy
It’s going to take more than the biggest stock slump in world history to convince ... When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just around the ... ( read original story ...)
World’s biggest-ever stock rout can’t make Petrochina a buy
The stock has been pummelled by some of China ... s slump have been outside the company’s control. When it listed in Shanghai in 2007, bubbles in both oil and the Chinese equity market were primed to burst, while the global financial crisis was just ... ( read original story ...)