Beijing will impose provisional measures against imports of European brandy starting this week, the Chinese Commerce Ministry announced Tuesday, in a first retaliatory move after EU countries voted …
Monthly Archives For October 2024
Yuan Drags Asian Currencies as China’s Spending Plans Disappoint
China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a broader weakening among Asian currencies as traders rolled back bets on the world’s second-largest economy.
China rally may continue till December before fading away next year, says Sandeep Bhatia of Macquarie Capital
The nature of selling in India has been such that it is seeing both hedge funds as well as long-only fund pull out right now, which Sandeep Bhatia said was partly due to profit booking,…
China announces more support for economy but holds back on major spending package
China’s economic planning agency has outlined details of measures aimed at boosting the economy but refrained from major spending initiatives.
China’s stock euphoria is primed to disappoint
Investors of Chinese stocks are in for a rollercoaster ride. Onshore bourses staged a weaker-than-expected rally following a week-long holiday while shares in Hong Kong plunged. True, valuations are cheap and funds remain underweight.
China’s small but beautiful ‘little giants’ charged with punching above their weight
China is pinning high hopes on a swelling crop of privately-run, small but smart “little giants” like B Plus amid an all-out drive to move up the value chain, revitalise its sagging private economy …
China slaps anti-dumping measures on brandy imports from EU
China on Tuesday announced provisional anti-dumping measures on brandy imports from the European Union, according to a statement from the Chinese commerce ministry, reversing an earlier move amid …
European luxury businesses set for boost from China’s Golden Week
China’s Golden Week holiday has seen a surge in consumer spending, which could provide further momentum to European luxury markets. View on euronews …
US-based China ETFs get bumper influx, some investors optimistic tide is turning
Investors flooded U.S.-based exchange-traded funds (ETFs) that target Chinese markets with $5.2 billion in new assets in the past week when mainland China’s financial markets were shut for a national holiday,
FTSE 100 Live 08 October: Index seen lower amid volatile China trading, Imperial Brands update
The FTSE 100 index is set to fall by about 53 points to 8251 after leading US benchmarks last night closed about 1% lower. The Wall Street slump on expectations of higher-for-longer interest rates was…
China gives $28 billion to local governments as it vows to meet economic targets
China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets.
China’s Stock Rally Cools as Beijing Holds Off on Major Stimulus
A rally in onshore Chinese stocks on their return from a week-long holiday cooled as traders questioned Beijing’s resolve to add more stimulus. Shares in Hong Kong tumbled.
Analysis-US-based China ETFs get bumper influx, some investors optimistic tide is turning
Investors flooded U.S.-based exchange-traded funds (ETFs) that target Chinese markets with $5.2 billion in new assets in the past week when mainland China’s financial markets were shut for a national holiday,
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