Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
Investors in China seemed content with existing government measures to support the country’s slumping economy. But they are now calling for more stimulus. Judging by the lack of conviction in Chinese financial markets, the outcome of this month’s key policy meetings may be the deciding factor for investors. While volatility in stocks and the yuan […]
Shanghai: SSE Composite Index (.SSEC) dull before the data release China’s stocks advanced as traders looked past data showing the economy contracted for the first time since at least 1992. The Shanghai Composite Index was up 0.7% at 2:21 p.m. local time, with a broad range of shares climbing. The yuan traded little changed after […]
Shanghai: SSE Composite Index (.SSEC) May Take Further Damage The China stock market headed south again on Wednesday, one day after it had ended the two-day slide in which it had retreated more than 40 points or 1.5 percent. The Shanghai Composite Index now rests just above the 2,810-point plateau and the losses may accelerate […]
Shanghai: SSE Composite Index (.SSEC) shares rise amid wait for China data, global earnings Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the region. Japan’s benchmark Nikkei 225 added 2.2% in […]
Shanghai: SSE Composite Index (.SSEC) stocks slip as new coronavirus cases near six-week high China stocks dipped on Monday, as the country’s new daily coronavirus cases approached a near six-week high. At the midday break, the Shanghai Composite index was down 0.33% at 2,787.28 points. China’s blue-chip CSI300 index was down 0.25%, with its financial […]
Shanghai: SSE Composite Index (.SSEC) shares mostly higher, lockdown feud drags Tokyo lower Shares were mostly higher in Asia on Thursday though Japan’s benchmark fell as local leaders sparred with Prime Minister Shinzo Abe’s government over measures to contain the coronavirus outbreak. After a 3.4% overnight rally on Wall Street, markets advanced in Hong Kong, […]
Shanghai: SSE Composite Index (.SSEC) – Asian Stocks Mixed as COVID-19 Fight Goes On Asian stock markets were mixed on Wednesday morning as the region continues to combat the COVID-19 pandemic. Stocks halted two consecutive days of gains as the United Kingdom and New York City reported their highest death toll overnight. 731 people died from the virus in the city […]
Shanghai: SSE Composite Index (.SSEC) – Stocks tick up in Tokyo, Hong Kong, Shanghai Asian shares rose Tuesday, echoing the rally on Wall Street, amid a few glimmers of hope that the coronavirus pandemic could be slowing. Japan’s benchmark Nikkei 225 JP:NIK gained 0.9% while South Korea’s Kospi KR:180721 gained 0.2%. Hong Kong’s Hang Seng HK:HSI added 0.4%, while the Shanghai […]
Shanghai: SSE Composite Index (.SSEC) – Shares rebound on glimmers of progress in battling virus Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Markets in Tokyo, Seoul and Sydney gained more than […]
Shanghai: SSE Composite Index (.SSEC) stocks firm as investors expect more stimulus measures China stocks on Wednesday started the second quarter of the year on a firm note, as investors expected more stimulus measures to counter the economic impact from the coronavirus pandemic. At the midday break, the Shanghai Composite index was up 0.3% at […]
Shanghai overtook Hong Kong as the world’s top initial public offering (IPO) destination in the first three months of the year, but mega deals waiting in the wings for calmer markets could yet shake up the full-year rankings. The Shanghai exchange’s stellar performance in the first quarter was in part due to the 30.7 billion […]
Shanghai: SSE Composite Index (.SSEC) stocks climb as factory activity rebounds, spurs hopes of recovery China shares climbed on Tuesday after the country reported a better-than-expected industrial activity, spurring hopes that the world’s second-largest economy is starting to recover from the shock of the coronavirus pandemic. At the midday break, the Shanghai Composite index was […]
Shanghai: SSE Composite Index (.SSEC) – Asia shares suffer virus chills, central banks offer cold comfort Asian shares slid on Monday as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. U.S. and European futures also turned […]
Shanghai: SSE Composite Index (.SSEC) – COVID-19: Global markets fall into bear territory Markets fell sharply this week, as the rapid spread of the COVID-19 virus continues to weigh on business activities around the globe. U.S markets fell in excess of 16% this week, with the Dow Jones Industrial Average plunging 10%, its highest drop […]
Shanghai: SSE Composite Index (.SSEC) – Asian shares sink after pandemic news Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s benchmark Nikkei 225 dived 4.4% to 18,559.63. Australia’s S&P/ASX 200 dropped 7.4% to 5,304.60. South Korea’s Kospi dipped 4.7% to 1,817.87. Hong Kong’s […]
Shanghai: SSE Composite Index (.SSEC) – Profit Taking Drives China Stock Markets to Lower Close After Early Rise Investors cashed in their chips in the afternoon following Chinese stock markets’ buoyant opening after yesterday’s rise in the US, thus undermining the day’s earlier gains and drawing the overall market down as the curtain fell. The Shanghai Composite […]
Shanghai: SSE Composite Index (.SSEC) – Asia stocks plunge on virus fears, oil prices Stock markets plunged around Asia on Monday, as panic selling set in with traders fretting over the economic impact of the new coronavirus and digesting a free-fall in the oil price. By mid-morning, the benchmark Nikkei 225 index had dropped 5.10 […]
Shanghai: SSE Composite Index (.SSEC) – Asian stocks mixed after Wall Street sinks despite rate cut Asian stock markets were mixed Wednesday after Wall Street sank despite an emergency U.S. interest cut aimed at defusing fears a virus outbreak might depress global economic activity. Benchmarks in Shanghai and Sydney declined while Tokyo and Seoul advanced. […]
Shanghai: SSE Composite Index (.SSEC) lower as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop China and Hong Kong stocks were flat on Wednesday as fewer new coronavirus cases offset negative cues stemming from Wall Street’s sharp drop following the U.S. Fed’s surprise rate cut. The CSI300 index was unchanged […]
Shanghai: SSE Composite Index (.SSEC) Chinese equity market a beacon for rebound on global markets China’s stock market staged a strong rebound from Friday’s massive sell-offs on Monday, which experts said could herald global markets’ recovery following last week’s rout on rising COVID-19 epidemic fears. The experts predict that China’s equities market, supported by the […]
Shanghai: SSE Composite Index (.SSEC) stocks gain on China virus toll drops Hong Kong and Shanghai stocks ended higher on Thursday as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside. The Hang Seng Index added 0.3 […]
Shanghai: SSE Composite Index (.SSEC) markets bounce back Hong Kong stocks ended the morning session higher on Wednesday on hopes for a limited economic fallout from the new coronavirus, which has killed more than 2,000 people. The Hang Seng Index rose 0.4 percent, to 27,651 by the break. On the mainland, the Shanghai Composite Index […]
Shanghai: SSE Composite Index (.SSEC) Stock Recovery Nearing $1 Trillion Is Drawing Skeptics Concern is mounting over the speed of a nearly $900 billion rebound in Chinese equities that’s been driven by bets of sustained government support. The CSI 300 index of stocks in Shanghai and Shenzhen has climbed 10% since a record sell-off earlier […]
Shanghai: SSE Composite Index (.SSEC) stocks up despite virus jitters Hong Kong stocks ended the morning session higher on Monday, as investors mull the potential economic fallout from the spreading coronavirus. The Hang Seng Index rose 0.5 percent, to 27,940 by the break. On the mainland, the Shanghai Composite Index jumped 1.3 percent, to 2,955 […]
Shanghai: SSE Composite Index (.SSEC) stocks advance as sentiment remains positive on Beijing stimulus Stocks in Hong Kong and mainland China advanced Friday on expectations of additional stimulus out of Beijing and eventual success in defeating the novel coronavirus. The Hang Seng Index rose 0.3 per cent to 27,815.6. That left Hong Kong’s benchmark with […]
Shanghai: SSE Composite Index (.SSEC) – Asian markets rebound after fresh Wall Street records Asian markets rebounded yesterday spurred by fresh Wall Street records but investors remained jittery about the global economic impact of the coronavirus outbreak in China. Eyes are on China as the world’s second-largest economy sputters back up after a forced extension […]
Coronavirus Fears Wipe $393 Billion Off Shanghai: SSE Composite Index (.SSEC) Stock Market Investors erased $393 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. […]
Shanghai: SSE Composite Index (.SSEC) readies cushion for virus shock when markets re-open China’s central bank announced plans Sunday to inject 1.2 trillion yuan ($173 billion) into the economy to cushion the shock to financial markets from the outbreak of a new virus when trading resumes on Monday after a prolonged Lunar New Year holiday. […]
Shanghai: SSE Composite Index (.SSEC) stocks plunge over virus scare Hong Kong equities tumbled on Thursday morning trade as investors took flight over the deadly Sars-like virus that has spread from the mainland. The Hang Seng Index fell 1.7 percent, to 27,872 at the break. On the mainland, the Shanghai Composite Index fell 2.4 percent, […]
Shanghai: SSE Composite Index (.SSEC) Trade war is 2 years old, but China escapes with flesh wound It was this day in 2018 that President Donald Trump fired the first salvo against China by raising tariffs on solar equipment and washing machines. The series of tariff hikes that ensued has slowed growth in the world’s […]
Shanghai: SSE Composite Index (.SSEC) trade lower on concern about China virus The Chinese government announced there has been a fourth death from coronavirus. The outbreak, centered on the city of Wuhan, has sickened more than 200 people. Authorities said some infections were transmitted person-to-person, increasing the risk the disease might spread faster during the […]
Shanghai: SSE Composite Index (.SSEC) Stocks Mostly Up as Chinese Rates Stay Put Stocks in major Asian markets were mostly higher on Monday, with the People’s Bank of China keeping the loan prime rate unchanged. In Japan, the Nikkei 225 index gained 42.25 points, or 0.2%, to 24,083.51, despite shares of index heavyweight Fast Retailing […]
Shanghai: SSE Composite Index (.SSEC) A new epic — Chinese economy in 2020s With the arrival of a new decade, one predictable thing about China in the 2020s is that it is shifting into a higher-quality economy that is more open and abounds with new opportunities for global businesses. Despite a cloud of challenges, China’s […]
Shanghai: SSE Composite Index (.SSEC) is expected to release key December economic data today Chinese stocks retreated for a third day, as traders looked past the tentative truce in the US-China trade war to focus on lingering issues that could still fray the relationship between Beijing and Washington. The Shanghai Composite Index dropped 0.5 per […]
Shanghai: SSE Composite Index (.SSEC) China and Hong Kong stocks retreat before Washington and Beijing prepare to sign trade deal China and Hong Kong stocks retreated on Wednesday, with benchmarks falling for a second day, as investors stepped back ahead of the signing of an interim trade deal between US and China in Washington. The […]
Shanghai: SSE Composite Index (.SSEC) Stock Markets Drop in Afternoon Amid Tech Firms’ Reversals China’s mainland stock markets closed lower as tech firms walked back their earlier gains. The Shanghai Composite Index closed 0.28 percent down at 3,106.82. The Shenzhen Component Index fell 0.47 percent to 10,988.77. The ChiNext Price Index, which tracks growth enterprises […]
Shanghai: SSE Composite Index (.SSEC) markets rise as investors shift attention from US-Iran conflict Investors are turning their focus back to the US-China trade deal following a week of tense activity in the Middle East. On Friday, Japan’s Nikkei 225 rose 0.3%. South Korea’s Kospi gained 0.7%. Hong Kong’s Hang Seng Index edged up 0.2%, […]
Shanghai: SSE Composite Index (.SSEC) stocks fall, oil continues climb Hong Kong stocks closed sharply lower on Monday, extending losses from last week fuelled by fears of a Middle East conflict after the US assassinated a top Iranian general. The Hang Seng index fell 0.8 percent, to 28,226. Rising oil prices boosted the energy sector […]
Shanghai: SSE Composite Index (.SSEC) Ahead of Chinese New Year, central bank lets loose $115bn China’s central bank will lower the level of cash reserves that commercial lenders are required to maintain, hoping to stimulate loans to small businesses and avert any cash crunch during the Lunar New Year in late January. The 0.5 percentage-point cut […]
Shanghai: SSE Composite Index (.SSEC) end higher on stimulus measures China shares closed higher on Thursday after Beijing laid out plans to bolster its economy, which included investments in infrastructure and easing of residency curbs. The blue-chip CSI300 index rose 0.9% to 4,025.99, while the Shanghai Composite Index closed up 0.9% at 3,007.35. China plans […]
Shanghai: SSE Composite Index (.SSEC) investors await concrete details from Beijing and Washington on their initial agreement to defuse the 17-month-long tariff war China stocks took a breather on Wednesday from three sessions of gains, retreating from multi-month highs, as weary investors awaited concrete details from Beijing and Washington on their initial agreement to defuse […]
Shanghai: SSE Composite Index (.SSEC) posting an eight-month closing high China stocks extended gains into a third session on Tuesday, with the blue-chip index posting an eight-month closing high, boosted by an interim China-U.S. trade deal which helped temper a key external risk to its financial markets. The blue-chip CSI300 index rose 1.4%, to 4,041.80, […]
Shanghai: SSE Composite Index (.SSEC) higher on strong economic data China stocks rose Monday on stronger-than-expected November economic data, but Hong Kong shares fell on profit taking. The Shanghai Composite Index rose 0.6 per cent to 2,984.39, while the CSI 300, which tracks blue chips listed on Shenzhen and Shanghai, rose 0.5 per cent to […]
Shanghai: SSE Composite Index (.SSEC) Brace Yourself, Today Could be US-China Tariff Decision Day Stocks in Asia closed mixed, with China’s Shanghai Index falling -0.3% and the Australian ASX 200 down -0.7% while the Hong Kong Hang Seng gained 1.3%, and the South Korean Kospi rose 1.5%. The major European equity indices were all slightly in […]
Shanghai: SSE Composite Index (.SSEC) stocks get small gains amidst investors’ “observation mode” The Hang Seng Index declined by 0.2 per cent to 26,436.62. However, markets in China reversed early losses, getting small gains by the close. The Shanghai Composite Index ended 0.1 per cent, or 2.84 points, higher at 2,917.32. The Shenzhen Component Index […]
Shanghai: SSE Composite Index (.SSEC) stocks see-saw as trade deal uncertainties cloud market outlook Hong Kong and China stocks swung between gains and losses before ending little changed on Monday, as traders remained cautious amid uncertainties surrounding an initial trade deal between the United States and China. The Hang Seng Index shed 0.01 per cent, […]
Shanghai: SSE Composite Index (.SSEC) shares end up as investors keep the faith despite Trump’s mixed trade signals Chinese shares rose on Thursday, lifted by renewed hopes that China and the United States may be closer to a “phase one” trade deal to end a bitter tariff war that has dragged on since the middle […]
Shanghai: SSE Composite Index (.SSEC) Close Mixed Amid Gold Rally China’s mainland stock markets closed on different tracks while gold shares eked out their second day of climbs, rising 3.4 percent. The Shanghai Composite Index fell 0.23 percent to 2,878.12. The Shenzhen Component Index rose 0.31 percent to 9,687.95. The ChiNext Price Index, which tracks […]
Shanghai: SSE Composite Index (.SSEC) stocks hit a more than three-month low Shanghai stocks hit a more than three-month low on Tuesday, as Washington’s latest tariffs added to jitters over the prospects of a so-called “phase one” Sino-U.S. trade deal. The Shanghai Composite Index shed as much as 0.6% to touch its lowest since Aug […]
Shanghai: SSE Composite Index (.SSEC) Close Down As Wallflower Investors Sit Out the Dance Investors left unable to judge the future market direction voted with their feet this afternoon, bringing Chinese stock markets to a lower close. The Shanghai Composite Index dipped 0.47 percent to 2,889.69. The Shenzhen Component Index slipped 0.27 percent to 9,622.14. […]
Shanghai: SSE Composite Index (.SSEC) Close a Bit up; ChiNext Rises Over 1% ChiNext closed up 1 percent due to the optimis over MSCI increasing the weighting of Chinese shares in the Emerging Markets Index, while Shanghai market shares climbed a mere 0.3 percent. The Shanghai Composite Index closed at 2,907.10, up 0.03 percent. The […]
Positive US-China trade vibes are propelling Shanghai: SSE Composite Index (.SSEC) market higher Asian stocks advanced Monday, boosted by positive signals about a potential US-China trade deal. Hong Kong’s Hang Seng Index opened up 1.1% and widened the gains to 1.9% in early trading. It’s the top performer so far among major indexes in the […]
Shanghai: SSE Composite Index (.SSEC) stocks fall, as loan prime rate cuts weigh on banks and US-Beijing tensions flare up over protests China and Hong Kong stocks fell Wednesday on investors’ concerns about banks’ profitability amid rate cuts in the mainland and a flare-up in Washington-Beijing tensions over legislation headed to US President Donald Trump […]
Shanghai: SSE Composite Index (.SSEC) stocks rise most in two weeks on fresh stimulus hopes China stocks rose the most in two weeks on Tuesday, as a cut in a key interbank funding rate on Monday bolstered hopes for more government stimulus to prop up slowing growth. The blue-chip CSI300 index rose 1.0%, to 3,947.04, […]
Shanghai: SSE Composite Index (.SSEC) Investors are waiting for the Federal Reserve Chairman Jerome Powell will speak at an economic meeting in Jackson Hole, Wyoming Asian markets were mixed Thursday as investors digested a slew of corporate earnings.Japan’s Nikkei 225 (N225) rose 0.1%,while Hong Kong’s Hang Seng Index (HSI) fell 0.5%. China’s Shanghai Composite Index (SHCOMP) was flat. South Korea’s Kospi (KOSPI) fell 0.5%. China’s largest electric […]
Shanghai: SSE Composite Index (.SSEC) investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts Global stock markets were back in positive territory Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more […]
Shanghai: SSE Composite Index (.SSEC) investors ponder the extent and impact of Beijing’s interest rate reform China and Hong Kong stocks barely moved on Tuesday as investors took a breather and pondered the extent and impact of Beijing’s interest rate reform. The CSI300 index was unchanged at 3,790.92 at the end of the morning session, […]
Shanghai: SSE Composite Index (.SSEC) shares climb on China stimulus move Asian shares climbed Monday, as investors embraced a move by China that could help lower borrowing rates for companies, and signals that trade talks between Washington and Beijing could be improving. On Saturday, the People’s Bank of China unveiled a key interest rate reform aimed […]
Shanghai: SSE Composite Index (.SSEC) aiming to consolidate itself as an international business hub The city of Shanghai, on China”s east coast, is aiming to consolidate itself as an international business hub and local authorities have presented a series of policies to attract more foreign companies.Considered one of the main development zones in China, the […]
Shanghai: SSE Composite Index (.SSEC) increasingly anxious over the lack of signs of progress toward settling the U.S.-Chinese tariff war over trade and technology Asian markets fell in early trading Thursday, following Wall Street’s worst day of the year amid signals of recession. The yield on the closely watched 10-year Treasury fell so low Wednesday […]
Shanghai: SSE Composite Index (.SSEC) higher following the tariffs reprieve from Washington China stocks closed higher on Wednesday, following the tariffs reprieve from Washington, but gave up much of early gains as bleak data rekindled worries over the country’s’ economic health. The blue-chip CSI300 index ended 0.5% higher to 3,682.40, while the Shanghai Composite Index […]
Shanghai: SSE Composite Index (.SSEC) stocks fall as bank lending disappoints Chinese shares fell on Tuesday after data showed banks extended fewer-than-expected new loans in July. The Shanghai Composite index closed down 0.6% at 2,797.26, while the blue-chip CSI300 index ended 0.9% lower. The smaller Shenzhen index ended down 0.7% and the start-up board ChiNext […]
Shanghai: SSE Composite Index (.SSEC) renewed concern the ongoing trade war will disrupt business operations China and Hong Kong stocks ended the week on a softer note on Friday, with the mainland’s benchmark capping the worst five straight days of trade in three months, as ZTE and other telecom equipment makers retreated on renewed concern […]
Shanghai: SSE Composite Index (.SSEC) showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008 Asian markets rose in early trading Thursday, showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008. The People’s Bank of China early Thursday […]
Shanghai: SSE Composite Index (.SSEC) stocks fall before MSCI’s announcement on weighting increases for Chinese stocks and release of July trade data China’s stocks fell on Wednesday, with the benchmark gauge capping its longest run of declines in the past two months, as the US-China trade tension weighs on the growth outlook. The Shanghai Composite […]
Shanghai: SSE Composite Index (.SSEC) benchmark retreats to five-month low China’s stocks dropped to the lowest level in five months after the US designated the Asian nation as a currency manipulator and Beijing suspended procurement of American agricultural products as the trade war flared up between the world’s two largest economies. The Shanghai Composite Index […]
Shanghai: SSE Composite Index (.SSEC) China’s move to weaken the yuan suggests the level is no longer a line in the sand for policy makers in Beijing US stock futures slumped with European stocks on Monday (Aug 5), tracking a sell-off across Asia after China struck back in its trade dispute with America and let […]