The central bank said it will actively implement the financial policy package introduced in May and emphasized efforts to maintain market stability and firmly safeguard against systemic financial ... ( read original story ...)
Stock markets surge after US and China agree to slash tariffs for 90 days
The US is cutting tariffs on Chinese goods from 145% to 30% while China is chopping its levies on American imports from 125% to 10%. ( read original story ...)
Stocks rise after US declares China trade deal
Stocks rose in Asia overnight after the White House said its negotiators had reached a trade deal with China. The Hang Seng in Hong Kong was up 1.2pc and the CSI 300 in Shanghai rose 0.8pc after two ... ( read original story ...)
China stocks rally, yuan gains after US-China reach trade deal
The US and China have agreed to a deal to slash reciprocal tariffs in a substantial de-escalation of a potentially damaging trade war. ( read original story ...)
Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO
Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse Monday, making it the largest IPO expected in the city so far ... ( read original story ...)
China’s $2trn market rescue is just the start as trade war intensifies
State-linked funds stepped in to rescue Chinese stocks this week as the battle with the US intensified. But it’s an expensive exercise. ( read original story ...)
70% of A-share firms report profits in Q1, empowered by sci-tech innovation
Chinese listed companies generated combined first-quarter profits of 1.49 trillion yuan ($205.89 billion), up 3.64 percent year-on-year, the Xinhua News Agency reported over the weekend. About 50 ... ( read original story ...)