Markets

China to Open Up Iron Ore Futures Trading to Foreign Investors in May

China to Open Up Iron Ore Futures Trading to Foreign Investors in May

China will allow foreign investors to take part in domestic iron ore futures trading from next month following the completion…

Apr 16, 2018
Huang Siyu
Alibaba Co-Founder Joseph Tsai Takes 49% Stake in Brooklyn Nets

Alibaba Co-Founder Joseph Tsai Takes 49% Stake in Brooklyn Nets

Alibaba Group Holdings Ltd. vice-chairman and co-founder Joseph Tsai has completed a deal to take a 49-percent stake in National…

Apr 16, 2018
Xu Wei
[Exclusive] Central Huijin to Exclude Foreign Investors From Its Shareholding in CICC

[Exclusive] Central Huijin to Exclude Foreign Investors From Its Shareholding in CICC

Central Huijin Investment Ltd., state-owned investment firm, will transfer a major part of its shareholdings in China International Capital Corporation…

Apr 13, 2018
Du Qingqing & Xu Wei
Hong Kong Stocks May Suffer Liquidity Pressure amid HKMA’s Intervention in Hong Kong Dollar

Hong Kong Stocks May Suffer Liquidity Pressure amid HKMA’s Intervention in Hong Kong Dollar

The Hong Kong Monetary Authority, HKMA, has finally begun to intervene in the Hong Kong dollar market, with the currency hitting a record 33-year low.

Apr 13, 2018
Zhou Ailin
China Huarong Aims to Set Up CNY10 Bln Debt-to-Equity Swap M&A Fund

China Huarong Aims to Set Up CNY10 Bln Debt-to-Equity Swap M&A Fund

China’s largest financial asset manager China Huarong Asset Management Co. aims to establish a CNY10 billion (USD1.6 billion) debt-equity swap…

Apr 13, 2018
Song Yikang & She Huiling
Hangzhou Is Now Home to More Listed Firms Than Beijing

Hangzhou Is Now Home to More Listed Firms Than Beijing

China’s eastern city of Hangzhou, home to the nation’s largest e-commerce firm Alibaba Group Holding Ltd., spawned 28 newly-listed companies…

Apr 13, 2018
Lin Xiaozhao
[Exclusive] MSCI to Disclose in May Which A-Share Firms Are Bound for Emerging Markets Index

[Exclusive] MSCI to Disclose in May Which A-Share Firms Are Bound for Emerging Markets Index

Stock market index provider MSCI Inc. will next month reveal which China-listed companies will be included in its benchmark for…

Apr 12, 2018
Zhou Ailin
Increased Mainland-Hong Kong Stock Connect Quotas Will Not Cause Market Volatility, CSRC Vice-Chairman Says

Increased Mainland-Hong Kong Stock Connect Quotas Will Not Cause Market Volatility, CSRC Vice-Chairman Says

China’s plans to quadruple daily quotas for the Mainland-Hong Kong stock connect program will not cause major fluctuations on the…

Apr 11, 2018
Dou Shicong
Haier Plans to Issue Up to 400 Million D-Shares in Germany

Haier Plans to Issue Up to 400 Million D-Shares in Germany

Chinese home appliance maker Qingdao Haier Co. [SHA:600690] reiterated yesterday that it plans to float an initial public offering on…

Apr 11, 2018
Xu Wei
HNA and Temasek Sign Aviation and Logistics Cooperation Agreement

HNA and Temasek Sign Aviation and Logistics Cooperation Agreement

HNA Group Co. signed a memorandum of understanding yesterday with state-run Singaporean investment company Temasek International Pte. Ltd. under which…

Apr 11, 2018
Dou Shicong
US-Based Krane Funds Issues Its First China Internet ETF in Hong Kong

US-Based Krane Funds Issues Its First China Internet ETF in Hong Kong

Krane Funds Advisors LLC, an American asset management company, has issued its first exchange-traded fund listed in the Hong Kong Stock…

Apr 11, 2018
Dou Shicong
Market Observers Rebut Devaluation Worries as Yuan Weakens Against Dollar

Market Observers Rebut Devaluation Worries as Yuan Weakens Against Dollar

The yuan-dollar central parity fell to 6.3114, the lowest level in two weeks, signaling the market’s growing concern over the ongoing China-US trade spat.

Apr 10, 2018
She Qingqi

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