China’s market regulator has announced new rules to identify and stop monopolistic practices in the internet industry, in the latest move by Chinese officials to rein in the country’s burgeoning tech sector. In a...
Chinese financial services giant Ant Co. is set to go public next Thursday with record-breaking IPOs in Hong Kong and Shanghai. A financial technology business spun out from Alibaba, it is expected to raise at least $30 billion...
The Word of the Week comes from the Grass-Mud Horse Lexicon, a glossary of terms created by...
As Chinese markets continue to tumble on Wednesday despite a freeze on shares worth $2.6 trillion,...
The New York Times reports: The Shanghai composite closed down 4.3 percent for the day, and the drop in Chinese shares reverberated around the world as investors took note of the rapid decline. China’s giant economy is set to...
Shanghai stock index slumped severely nowadays, but it surged 9.3 percent Thursday because of a cutting tax policy. From AP via Examiner.com: China’s most-watched stock index surged 9.3 percent Thursday – its biggest...
From AP via CNNMoney.com: China’s stock market wound up a stellar – and turbulent – year Friday, with its benchmark Shanghai Composite index having soared nearly 97 percent, making it the world’s best-performing major stock index in 2007. But worries that authorities will raise interest rates or take other steps to cool the country’s blazing […]
From The Economist: By normal standards, investors in Chinese shares ought to be ecstatic. Over the past 12 months prices on the Hong Kong , Shanghai and Shenzhen stock exchanges have leapt by 45%, 83% and 132% respectively. This remarkable performance has been propelled by a convoy of new offerings — some genuine stockmarket debuts, […]
From China Daily: The Shanghai stock market surged 2.15 percent yesterday to close at 6030.09, breaking through the 6000 barrier for the first time during the course of the day. Led by oil and petroleum, and non-ferrous metal shares, the benchmark Shanghai Composite Index jumped 126.82 points, with 389 of 906 stocks closing higher. The […]
From Earthtimes.org: The index that tracks mainland China’s largest bourse surpassed 5,000 for the first time Thursday as it reacted to the worldwide market rebound and shrugged off government efforts to cool off the economy. The Shanghai Composite Index rose 1.05 per cent to 5,032.49 although the central bank raised interest rates Wednesday for the […]
China’s stock market surged into a new high Thursday , despite the government’s efforts to cool down the overheated market. However, there are still some opportunities to enter into the market nowadays. From Reuters via Yahoo.com: China’s stock market is dangerously high but environmental protection, water, railways and renewable energy stocks are still worth holding, […]
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