China stocks Tag

31 Mar Overseas investors’ appetite for Chinese stocks continues to recover after second month of buying in March

Posted at 04:00h in Asia

“We’ve seen a shift in stance by foreign investors and that’s a positive signal for Chinese stocks,” said Dong Zhongyun, an analyst at Avic Securities. “It’s worthwhile watching the flows of northbound investment [through the Stock Connects], as that’s where fresh capital comes from, and...

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31 Mar China’s first-quarter IPOs plunge 65% as regulator’s focus on listing quality saps pipeline

Posted at 03:00h in Asia

China’s initial public offerings (IPOs) tumbled 65 per cent in the first quarter, a trend that is likely to persist through the year as the securities regulator has pledged to improve the quality of new listings and apply more scrutiny to listing applicants.Twenty-eight companies have...

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28 Mar Hong Kong stocks rebound as Xi strikes upbeat tone on China’s economy in meeting with US business leaders

Posted at 02:48h in Asia

Hong Kong stocks rose, after President Xi Jinping met with US business leaders in a bid to boost confidence about the China’s growth prospect, pledging a market-oriented business environment in the world’s second largest economy.The Hang Seng Index added 0.2 per cent to 16,426.49 as...

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27 Mar Hong Kong stocks retreat as Alibaba’s scrapping of logistic unit IPO weighs on sentiment

Posted at 02:51h in Asia

Hong Kong stocks slid, taking the market benchmark to near two week lows, as the mood soured after the abrupt cancellation by Alibaba Group Holding of the Hong Kong listing plans for its logistics unit and a warning from electric vehicle maker BYD.The Hang Seng...

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26 Mar Hong Kong stocks edge up as China Merchants Bank and China Resources Land rally on better-than-expected earnings

Posted at 02:31h in Asia

Sentiment got an additional boost as China’s central bank governor Pan Gongsheng said that some “positive signals” had emerged from the property market, which has a solid foundation for healthy and stable development in the long run.Traders have a busy few days ahead as they...

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25 Mar Hong Kong stocks open earnings-packed week on a cautious note

Posted at 02:50h in Asia

Caution prevailed among Hong Kong investors as stocks traded in narrow ranges ahead of earnings announcements this week from nearly a third of the companies that comprise the 82-member benchmark.The Hang Seng Index rose less than 0.1 per cent to 16,503.12 as of 10.02am local...

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22 Mar Hong Kong stocks slump after weak earnings from Ping An and Li Ka-shing’s listed firms

Posted at 02:46h in Asia

Hong Kong stocks dropped by the most in two weeks and the benchmark gave up all its gains for the week, after a slew of disappointing earnings results from bellwether companies halted a rally triggered by a dovish US Federal Reserve.The Hang Seng Index fell...

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19 Mar China’s ‘broker butcher’ regulator to lead effort to nurture mainland competitors for Morgan Stanley, Goldman Sachs

Posted at 05:29h in Asia

Now he faces an uphill battle to reshape China’s 11 trillion yuan (US$1.5 trillion) securities industry as a prescription for reversing a three-year market slump and reviving confidence among the country’s 220 million individual investors.China Securities Regulatory Commission Chairman Wu Qing attends a press conference...

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15 Mar China vows to tighten IPO rules, clamp down on excesses to sustain a rebound in US$9.2 trillion stock market

Posted at 10:04h in Asia

China is tightening the screws on new domestic stock offerings, laying out some of the harshest rules, checks and balances and penalties yet for fake accounting, a move that could slow approvals and fees at the nation’s brokerages and investment banks.The government will control the...

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15 Mar Goldman’s tips on navigating China’s turbulent stock markets in a US presidential election year

Posted at 07:37h in Asia

Chinese domestic consumption stocks are a safer bet than hardware and semiconductor makers should tensions escalate between Beijing and Washington in the run up to the US presidential election, according to Goldman Sachs.China’s biggest on-demand delivery firm Meituan, China Merchants Bank, hotpot restaurant chain operator...

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