China disappointed investors on Tuesday, with a stimulus package much tinier than expected. But China’s flagship Shanghai Composite still gained 4.6%, while Hong Kong’s Hang Seng plummeted 9.4%. What gives? ( read original story ...)
Zinka Logistics, Standard Glass Lining Technology, NSDL IPOs get go from SEBI
NSDL has received observation letter from the capital markets regulator on September 30. Its IPO solely consists of an offer-for-sale by investors, with no fresh issue component. ( read original story ...)
UK development bank brings in BRICS bank’s former CFO as new head
South African Leslie Maasdorp, whose term at the New Development Bank (NDB) as the BRICS bank is now called ended in July, will replace ... ( read original story ...)
Shanghai Shares End More Than 4% Higher, Hong Kong Tumbles
Mainland Chinese stocks ended more than four percent higher Tuesday but were well off their early highs, while Hong Kong collapsed as traders were left disappointed by a lack of new stimulus from ... ( read original story ...)
China’s stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a week-long holiday while shares in Hong Kong plunged. True, valuations are cheap and funds remain underweight. ( read original story ...)
Chinese brokerages extend bank-securities transfer window to facilitate trading
Chinese brokerages expand bank-securities transfer window in line with Shanghai Stock Exchange's extension to streamline post-holiday trading Chinese brokerages are extending the window for ... ( read original story ...)
China markets reopen with a roar after week-long break
Chinese shares soared to two-year highs on Tuesday, pushing a blistering rally even further as trade resumed after a week-long holiday and investors bet on stimulus supporting the economy. ( read original story ...)