Markets

China's Stock Markets Open Down, Struggle in Early Trading

China's Stock Markets Open Down, Struggle in Early Trading

China’s stock markets all opened down this morning. The Shanghai exchange managed to climb back to flat after starting weak while small-cap companies took the biggest hit.

Dec 5, 2017
Tang Shihua
PBOC Cuts Yuan-Dollar Central Parity Rate for Seventh Straight Trading Day

PBOC Cuts Yuan-Dollar Central Parity Rate for Seventh Straight Trading Day

China’s central bank, the People’s Bank of China (PBOC) reduced the yuan-dollar central parity rate for the seventh straight trading…

Dec 5, 2017
Tang Shihua
Chinese Internet Finance Firm Qudian Plans to Repurchase up to USD300 Million Worth of Shares

Chinese Internet Finance Firm Qudian Plans to Repurchase up to USD300 Million Worth of Shares

Chinese internet finance company Qudian Inc. [NYSE:QD] said on Dec. 1 that it will repurchase up to USD300 million worth of company shares in the next 12 months.

Dec 4, 2017
Xu Wei
Chinese Seed Producer Yuan Longping Acquires Dow AgroSciences’ Corn Seed Business in Brazil

Chinese Seed Producer Yuan Longping Acquires Dow AgroSciences’ Corn Seed Business in Brazil

Chinese seed company Yuan Longping High-tech Agriculture Co. [SHE:000998] (YLHA) and CITIC Agri Fund have completed the USD1.1 billion acquisition…

Dec 4, 2017
Xu Wei
Shapuaisi Responds to Doubts Over Efficacy of its Eye Drops in Treating Cataracts

Shapuaisi Responds to Doubts Over Efficacy of its Eye Drops in Treating Cataracts

Zhejiang Shapuaisi Pharmaceutical Co. [SHA:603168], a leading manufacturer of eye drops in China, has responded to reports doubting the effectiveness…

Dec 4, 2017
Xunlei Reaches Settlement With Subsidiary, Will Repurchase All Equity in Big Data Company

Xunlei Reaches Settlement With Subsidiary, Will Repurchase All Equity in Big Data Company

Xunlei Ltd. [NASDAQ:XNET], Chinese online service provider, which has been involved in an internal business dispute, has reached a settlement…

Dec 4, 2017
Dou Shicong
China's Stock Markets See Mixed Trading Early Doors

China's Stock Markets See Mixed Trading Early Doors

China’s stock markets saw mixed trading in the early session today, with investors remaining cautious after a recent broad-based selloff.

Dec 4, 2017
Tang Shihua
China’s Securities Regulator Brings in New Rules to Retain Market Integrity; Will Deny Violators Trading Access

China’s Securities Regulator Brings in New Rules to Retain Market Integrity; Will Deny Violators Trading Access

The China Securities Regulatory Commission (CSRC), the country’s top securities regulator, is trying to strengthen the integrity of regulation in…

Dec 4, 2017
Du Qingqing
PBOC Cuts Yuan-Dollar Central Parity Rate by 38 Basis Points

PBOC Cuts Yuan-Dollar Central Parity Rate by 38 Basis Points

China’s central bank, the People’s Bank of China (PBOC), cut the yuan-dollar central parity rate by 38 basis points today.…

Dec 4, 2017
Tang Shihua
China’s Stocks Fluctuate Throughout the Day, Lack Concrete Direction

China’s Stocks Fluctuate Throughout the Day, Lack Concrete Direction

China’s stock markets wavered throughout the day on Monday with no real direction in sight and investors still cautious after a recent broad-based selloff.

Dec 4, 2017
Tang Shihua
Shares in Chinese Property Firm Tahoe Group Slide 2% After Fatal Fire in Tianjin

Shares in Chinese Property Firm Tahoe Group Slide 2% After Fatal Fire in Tianjin

Share prices at Fujian-based real estate developer Tahoe Group Co. [SHE:000732] are trading lower today after a deadly blaze affected…

Dec 4, 2017
Tang Shihua
Shenzhen Stock Exchange Considers Inclusion of ETFs in Stock Connect Market, General Manager Says

Shenzhen Stock Exchange Considers Inclusion of ETFs in Stock Connect Market, General Manager Says

The Shenzhen Stock Exchange (SSE) is studying the possibility of including exchange-traded funds (ETFs) in the Shenzhen-Hong Kong Stock Connect,…

Dec 4, 2017
Liao Shumin

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