Southbound Stock Connect’s Mainland investors bought a net $349 million worth of Hong Kong-listed stocks and ETFs, including the Hong Kong Tracker ETF, Meituan, Bilibili, and Ping An. Tencent was net ... ( read original story ...)
China-US financial working group meets in Shanghai
The U.S. and China have signed an agreement to strengthen cooperation on financial stability during a two-day meeting in Shanghai last week. The fifth meeting of the U.S.-China Financial Working Group ... ( read original story ...)
Stock Market News Today, 08/22/24 – Futures Steady Ahead of Powell’s Speech
The stock market closed higher yesterday after the Fed’s meeting ... However, China’s Shenzhen Component and Shanghai Composite indices were down by 0.82% and 0.27%, respectively. Interested in more ... ( read original story ...)
China Market Update: Hong Kong Rides Q2 Financial Results Higher As Baidu, NetEase, & Bilibili Report
Asian equity markets were mixed despite a stronger US dollar overnight, as Hong Kong outperformed the region, which was led by growth stocks and sectors on light volumes, in advance of Fed Chair ... ( read original story ...)
Robotaxi start-up WeRide delays US IPO days before Chinese approval expires
The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week. ( read original story ...)
Chinese Stock Markets Head for Third Year of Record Delistings
China’s stock markets are set for a third straight year of record delistings driven by the jump in IPOs over the past decade and tighter rules introduced to weed out weaker members. ( read original story ...)
Stock Market News Today, 08/21/24 – Stocks Rise as Rate Cuts Look Likely
EST Stock indices finished today’s trading session in the green. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones ... ( read original story ...)