China Market Update: China’s Social Security Fund Told To Buy Stocks
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains.
China moves to boost languishing markets by ordering funds to invest more in shares
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets
China unveils plan to encourage insurance funds into stock markets
China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator,
China Market Update: Are China Stocks A Trump Trade?
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
Stock market today: World shares are mixed after China rolls out market boosting measures
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany’s DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.
Hong Kong developer New World claims ‘business as usual’ amid default rumours
Residential sales in Hong Kong continue to improve, and mainland China sales are on track, embattled company says Embattled Hong Kong developer New World Development (NWD) said Thursday night that it ...
China prods insurers to invest billions in latest move to support markets
China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares ...
中国日报网1d
Hong Kong unveils 10 most significant govt policies in 2024
HONG KONG -- The historic legislation for Basic Law Article 23, aimed at safeguarding national security and ensuring Hong Kong's stability and development, has topped a list of the ten most ...
Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
Taiwan News1d
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically ...
Hong Kong stocks lead gains in Asia-Pacific ahead of Donald Trump's inauguration
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater ...
FierceBiotech2d
InnoCare, Keymed sell ex-China rights for bispecific to RTW-built biotech in $520M deal
U.S.-based Prolium Biosciences has now agreed to pay InnoCare and Keymed $17.5 million in upfront and near-term payments to ...
China’s Zijin Mining vies with Glencore after record year for profits
Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global ...
devdiscourse2d
China Stocks Steady Amidst US Tariff Decision
China's stock market remained flat with minor fluctuations following US President Trump's decision to delay tariff hikes on ...
Rockville's Ascentage Pharma seeks to raise $134M in U.S. IPO
A global biopharma with a U.S. headquarters in Montgomery County is gearing up to go public on a U.S. exchange.