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Tag: stock market

Posted on 12/10/2024

China’s stimulus message leaves investors wanting though hanging onto hope

China's highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world's ... ( read original story ...)

Posted on 12/10/2024

Banking on company: China’s youth-driven ‘companionship economy’ gains steam, but risks also emerge

Be it talking, shopping, gaming or even mountain climbing - China has witnessed a growing trend of young people seeking out paid companionship. While local media reports have highlighted the merits, ... ( read original story ...)

Posted on 11/10/2024

China kicks off 500 billion yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market. ( read original story ...)

Posted on 11/10/2024

China’s Central Bank Says Opens Up $70.6 Bn In Liquidity To Boost Market

China's central bank on Thursday launched a "swap facility" offering firms access to 500 billion yuan ($70.6 billion) in liquidity, as Beijing seeks to boost the country's flagging economy. ( read original story ...)

Posted on 11/10/2024

How China’s crackdown turned finance high-flyers into ‘rats’

Xiao Chen*, who works in a private equity firm in China’s financial hub, Shanghai, says he is having a rough year. For his first year in the job, he says he was paid almost 750,000 yuan ($106,200; £81 ... ( read original story ...)

Posted on 10/10/2024

Guidebook provides Shanghai opportunities for asset managers

Incorporating the latest policies and investment guidelines, the Shanghai Guidebook for Overseas Asset Manager (2024) was released on Wednesday at the 2024 Shanghai Global Asset Management Forum, ... ( read original story ...)

Posted on 10/10/2024

China central bank kicks off 500 billion yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to ... ( read original story ...)

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