Only two of China’s 12 financial centers scored higher in the index. But four Chinese financial hubs climbed up the rankings. In addition to Shenzhen and Hong Kong, Chengdu advanced four places and ... ( read original story ...)
Sensex Today | Stock Market LIVE Updates: GIFT Nifty drops 60 pts; Asian shares mixed
Stock Market LIVE Updates | Domestic stocks reached a new milestone on Tuesday, with the Sensex surpassing 85,000 and the Nifty exceeding 26,000. The Nifty achieved a new all-time high for the fifth consecutive session, ( read original story ...)
China central bank cuts medium-term loan rate
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The ... ( read original story ...)
Chinese Securities Regulator Puts Lid On Hong Kong IPO Tea Party
China’s securities regulator has effectively halted new Hong Kong listings of Chinese bubble tea makers by suspending its approval of such IPOs, according to Reuters The move could signal a more aggre ... ( read original story ...)
Shanghai stocks rally more than 4%, largest one-day gain in 4 years
The Shanghai Composite Stock Index closed 4.15 percent higher on Tuesday, its largest single-day rise in more than four years, as Chinese shares rallied following the release of ramped-up monetary policy moves to boost the economy. ( read original story ...)
China’s Stock Indexes Rally After Central Bank Releases Stimulus Measures
The Shanghai Composite Index [SHA: 000001] soared 2.4 percent as of lunch break today, while the Shanghai Stock Exchange Star 50 [SHA: 000688] rose 2.6 percent. The Shenzhen Component Index [SHE: 399001] jumped 2.6 percent, and the ChiNext Index [SHE: 399006] surged 3.5 percent. ( read original story ...)
Chinese financial stocks climb on new wave of stimulus measures
China's financial stocks rallied in Tuesday morning trading after the country's central bank unveiled a sweeping stimulus package aimed at countering the waning economic outlook and restoring market ... ( read original story ...)