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.
Tagged By banking
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,
Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulus
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of …
4 reasons China’s blistering stock rally has another 20% to run, Goldman says
Goldman Sachs predicts that the blowout surge in China’s stock market still has a ways to go, with another 15% to 20% upside ahead. It’s a standout call for a market that has already impressed…
Pictet HK’s Holding in China Construction Bank Rises to 8.3%
Pictet Asset Management Hong Kong Ltd.’s holding in China Construction Bank shares was raised to 8.32% on Oct. 3 from 0.01%, according to a Hong Kong Exchange disclosure.
Pictet HK’s Holding in China Construction Bank Rises to 8.3%
Pictet Asset Management Hong Kong Ltd.’s holding in China Construction Bank shares was raised to 8.32% on Oct. 3 from 0.01%, according to a Hong Kong Exchange disclosure.
China’s rally still has ‘more legs,’ Goldman Sachs says
The recent two-week rally sparked by the unveiling of the People’s Bank of China’s stimulus package has already seen one of the sharpest increases in Chinese equities in history. Goldman Sachs’ …
China stock skepticism gets louder amid world-beating run
Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus …
Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus
Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry …
China’s economy is in bad shape. Can its ‘whatever-it-takes’ stimulus effort turn things around?
specifically to fund investment in the necessary infrastructure and public works that private companies are unable to finance. Jia, currently president of the China Academy of New Supply-side …
Golden week: China’s property market sales get boost from Beijing’s stimulus measures
Strong sales in Shenzhen during the week-long holiday reflect the impact of recent wide-ranging stimulus measures rolled out by Beijing It was already 7.15pm on Thursday and yet the sales centre of …
Opinion: China is tackling the symptoms rather than the causes of its economic problems
The problems over the past decade are structural in nature and will require fundamental reforms of the economy to put it on sounder footing.
China’s stock rally for the ages shows power of crowds
The result, then, is a rip-your-face-off rally for the ages. The CSI 300 index of Chinese stocks added more than 20 per cent in less than a week. Hong Kong’s Hang Seng index is now…