Chinese securities firms are dangling near record-high returns to lure investors back into the market for derivatives that fueled the nation’s stock selloff earlier this year, as fallout from the meltdown cuts deeper into their profits from the business. ( read original story ...)
Beijing wants to make it easier for Chinese companies to list in Hong Kong as the city suffers through its slowest IPO market since 2009
China's top markets regulator announced several measures to more tightly connect Hong Kong's and mainland China's stock exchanges. ( read original story ...)
China State Fund Pours $41 Billion Into Stock Market in Q1, Reports Show
In January, S&P Global Market Intelligence found more than $17 billion flowed to Chinese-domiciled ETFs tracking the CSI 300. Goldman Sachs also noticed heavy buying of domestic ETFs by suspected "national team" state-affiliated investors. ( read original story ...)
Asian Equities Rise, Moving Past US Market Downturn Following China’s Steady Rates
Monday witnessed a surge in Asian stock markets, with the exception of Shanghai, as regional indices moved past the previous week’s downturn in US markets, particularly in the tech sector, which saw its largest decline since the 2020 COVID-19 market crash. ( read original story ...)
Hong Kong Exchanges and Clearing, Shanghai Stock Exchange, Shenzhen Stock Exchange to Expand ETF Offerings
Hong Kong Exchanges and Clearing Ltd reached an agreement with Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange. ( read original story ...)
Former China central bank official warns against miscategorising ‘virtual economy’
China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector. ( read original story ...)
Shanghai Metro stations accept foreign bank cards for ticket purchases
All subway stations in Shanghai have had POS machines reinstalled to accept domestic and foreign bank cards since Monday with manual services availab ... ( read original story ...)