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Markets

CSRC Looks to Steady Stock Market, Despite Ignoring Slump in Press Briefing

CSRC Looks to Steady Stock Market, Despite Ignoring Slump in Press Briefing

The China Securities Regulatory Commission has been taking action to restore normality to the stock markets, despite overlooking a recent slide at a press conference on Feb. 9.

Feb 12, 2018
Du Qingqing & Yuan Ziyi
China's Regulator Ignores Stock Market Slump, Focuses on Crude Oil Futures Launch

China's Regulator Ignores Stock Market Slump, Focuses on Crude Oil Futures Launch

China's top securities regulator decided to focus on the launch of the country's own crude oil futures market at a…

Feb 12, 2018
Du Qingqing & Yuan Ziyi
Fangda Special Steel Nearly Triples Net Profit in 2017 on Strong Demand

Fangda Special Steel Nearly Triples Net Profit in 2017 on Strong Demand

Fangda Special Steel Technology Co., one of China’s major steelmakers, nearly tripled its earnings last year benefitting from robust…

Feb 9, 2018
Dou Shicong
Haier Sheds Light on German IPO Report, Says Nothing Is Set in Stone

Haier Sheds Light on German IPO Report, Says Nothing Is Set in Stone

Chinese appliance maker Haier Co. spoke out today to clarify that it is mulling a D-share listing in Germany, but hasn’t made any fixed plans yet.

Feb 9, 2018
Dou Shicong
Onshore Yuan-Dollar Single-Day Drop Is Largest in 2.5-Years

Onshore Yuan-Dollar Single-Day Drop Is Largest in 2.5-Years

Though the yuan-dollar middle rate hit a two and a half-year high yesterday morning, the yuan-dollar onshore rate dropped significantly at closing for a record 2.5-year single-day drop. 

Feb 9, 2018
Xu Wei
 Wondfo Biotech Partners With Siemens’ China Unit to Raise Service Quality

Wondfo Biotech Partners With Siemens’ China Unit to Raise Service Quality

Wondfo Biotech Co., a leading Chinese maker of medical diagnostic tests, has signed a deal with Siemens’ China medical unit…

Feb 8, 2018
Dou Shicong
Leshi Internet Shares Rise for First Time Since It Resumed Trading

Leshi Internet Shares Rise for First Time Since It Resumed Trading

Shares in Leshi Internet Information & Technology Beijing Co. shot up almost 5.4 percent today to snap an 11-day stint at the 10-percent limit down that began when it resumed trading on Jan. 24.

Feb 8, 2018
Dou Shicong
Leshi's Trade Volume Hit USD63 Million Yesterday

Leshi's Trade Volume Hit USD63 Million Yesterday

Leshi Internet Information & Technology (Beijing) Co.’s [SHE:300104] shares plunged by the daily limit again yesterday, marking the 11th day…

Feb 8, 2018
Wang Juanjuan
Onshore Yuan-Dollar Closing Price Hits 30-Month High

Onshore Yuan-Dollar Closing Price Hits 30-Month High

The official onshore yuan-dollar closing price was 6.2596 yesterday -- up 187 basis points on the day before -- for a high since Aug. 10, 2015.

Feb 8, 2018
Xu Wei
China AMC Launches  World’s First MSCI China A International Index ETF

China AMC Launches World’s First MSCI China A International Index ETF

A unit of China Asset Management Co., a large-scale fund management company, has launched the A-shares Exchange Traded Fund (ETF),…

Feb 7, 2018
Xu Wei
Chinese Mainland Investors Snap Up Financial Stocks After Hong Kong Stumbles

Chinese Mainland Investors Snap Up Financial Stocks After Hong Kong Stumbles

As the Hong Kong stock market slumped yesterday in the aftermath of the market crash in the US, many investors…

Feb 7, 2018
Luo Qi
Program Trading Contributes to US Stock Market Plunge, Leading to Panic Selling, Say Market Insiders

Program Trading Contributes to US Stock Market Plunge, Leading to Panic Selling, Say Market Insiders

As the US stock markets plunged over the past few days, investors and market insiders try to reposition themselves in…

Feb 7, 2018
Zhou Ailin

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