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Tag: stock market

Posted on 05/07/2021

Asian Stock Market: Remains mixed as US dollar rebounds, Crude oil slips

Asia-pacific indices trade mixed on rising Delta variant cases, USD rebounds; The US NFP data remained at 15-month highs, however, inflation jitters soothes as data yet not strong ... ( read original story ...)

Posted on 05/07/2021

Syngenta Gets Go-Ahead for USD10 Billion Shanghai IPO

The Shanghai Stock Exchange announced the IPO’s approval via its website on July 2. Basel-based Syngenta plans to raise as much as CNY65 billion (USD10 billion) by offering around 2.7 billion shares, ... ( read original story ...)

Posted on 05/07/2021

China’s first-half mutual fund sales hit record as industry boom continues amid lacklustre stock performance

Onshore money managers sold 1.6 trillion yuan (US$248 billion) of newly launched funds, an all-time high for the first half, according to the Securities Times. ( read original story ...)

Posted on 05/07/2021

Postal Savings Bank of China suspends new precious metals account openings

The Postal Savings Bank of China said it suspended new openings for accounts to trade the spot precious metals market, citing price fluctuations and as elevated trading risks. SHANGHAI, July 5 ... ( read original story ...)

Posted on 05/07/2021

Height-of-luxury property offers commanding views of Shanghai

Domestic high-end hotel brand J Hotel Shanghai Tower, the highest hotel in the world, officially opened to the public on June 19. Located Tower, the tallest skyscraper in China and second-tallest in ... ( read original story ...)

Posted on 03/07/2021

Shanghai: Balance of credits witness upsurge last month

The balance of credits in Shanghai hit 8.96 trillion yuan (about USD1.39 trillion) at the end of last month, it augmented 10.6 percent from the same ... ( read original story ...)

Posted on 03/07/2021

Combating Speculation, Stabilizing Prices: Financial Battles at the Start of Shanghai’s Liberation

At the beginning of its liberation in 1949, Shanghai’s economic order was severely damaged amid rampant speculation and soaring prices. Faced with this difficult problem, the Communist Party of China ... ( read original story ...)

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