The new index covers 213 ocean-related companies listed on the stock exchanges in Shanghai, Shenzhen, Beijing and Hong Kong. With the base date set at Dec 31, 2012, the annualized return of the index ... ( read original story ...)
China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
China's central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions earlier this week. The ... ( read original story ...)
China central bank surprises by lending again at lower rates
SHANGHAI (Reuters) -China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to ... ( read original story ...)
Stock Market News Today, 7/23/24 – Indices Rise; Home Sales Fall
EST Stock indices finished today’s trading session in the red. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones ( read original story ...)
Shanghai expects record turnout at world’s biggest import trade fair later this year
The world’s biggest import trade fair to be held in Shanghai in November is expected to see deals top last year’s all-time high of US$78.4 billion, organisers say. ( read original story ...)
China Market Update: Summer Slowdown As Investors Wait For Policy
The US-China Business Council hosted a delegation of US multinationals in Beijing led by FedEx President and CEO Raj Subramaniam. The delegation met with Vice-Premier He Lifeng and Foreign Minister Wang Yi. This is another sign of China’s continued openness to foreign corporations and investors. ( read original story ...)
China electric truck startup Windrose to raise $200 mln before US IPO, source says
Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a ... ( read original story ...)