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 corner. ( read original story ...)
The biggest stock collapse in world history is set to get worse
It's going to take more than the biggest stock slump in world history ... peaked on its first day of trading in Shanghai, the state-owned energy producer has lost about $US800 billion ($1.04 trillion) of market value - a sum large enough to buy every ... ( read original story ...)
Asian markets mixed as market awaits Trump Fed decision
BEIJING — Asian stock markets were mixed Monday as investors waited to find out who U.S. President Donald Trump will pick to head the Federal Reserve. KEEPING SCORE: Tokyo's Nikkei 225 index lost 0.1 per cent to 21,995.15 and the Shanghai Composite Index ... ( read original story ...)
It’s America First for Stock Valuations
China's Shanghai Stock Exchange Composite, however ... and the political stability in Washington looks less than normal. A growing number of market watchers are saying there is more value for stock investors outside the U.S. So far that hasn't weighed ... ( read original story ...)
ICBC, AgBank post better-than-expected Q3 net profit, while smaller rival Bank of China falls well short of estimates
The optimism is backed by an economy that is on a firmer footing and the deleverage drive that is beneficiary to their assets quarter in a longer term Zhao Yarui, analyst at Bank of Communications in Shanghai. The bank also struck a similar tone on ... ( read original story ...)
Xi Appoints New Leader to Run China’s Biggest Financial Hub
Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua News Agency said. A day earlier, Li Xi, 61, was named party chief of Guangdong province, the southern ... ( read original story ...)
Shanghai stocks post worst day in 11 weeks on fears of IPO wave
SHANGHAI: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity. The Shanghai Composite Index dropped 0.8 ... ( read original story ...)