Markets

China’s Listed Firms Are Selling Assets, Shifting Debts to Improve Year-End Bottom Line

China’s Listed Firms Are Selling Assets, Shifting Debts to Improve Year-End Bottom Line

Many A-share listed companies have begun selling their assets as the year comes to a close, with several non-real estate…

Nov 23, 2017
Liao Shumin
Year-to-Date Rise in Value of China’s ‘Big Three’ Tech Firms Surpasses Amazon’s Market Cap

Year-to-Date Rise in Value of China’s ‘Big Three’ Tech Firms Surpasses Amazon’s Market Cap

US stocks have been hitting new highs this year, with top tech firms rising as much as 60 percent, but…

Nov 23, 2017
Qian Tongxin
Er-Kang Pharma Inflated 2016 Profit by CNY200 Million Due to Major Accounting Errors

Er-Kang Pharma Inflated 2016 Profit by CNY200 Million Due to Major Accounting Errors

Hunan Er-Kang Pharmaceutical Co. [SHE:300267] will resume share trading today after a six-month suspension, the firm said in a statement…

Nov 23, 2017
Liao Shumin
Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Shenzhen Branch of China’s Security Regulator Instructs Auditors to Ramp Up Focus on Profit Manipulation

Nov 23, 2017
Dou Shicong
Hang Seng Index Passes 30,000 Points for First Time in 10 Years, Closes In On All-Time High

Hang Seng Index Passes 30,000 Points for First Time in 10 Years, Closes In On All-Time High

The Hang Seng Index, which has been on the rise since the beginning of the year, surpassed 30,000 points for…

Nov 23, 2017
Dou Shicong
SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

SF Holding’s Third-Quarter Net Profit Almost Equals Those of YTO, ZTO, STO and Yunda Combined

China’s big five listed express delivery companies -- SF Holding Co. [SHE:002352], YTO Express Group Co. [SHA:600233], ZTO Express (Cayman)…

Nov 22, 2017
Zhang Xia
Number of Firms Listing on China’s A-Share Market Hits New Annual High

Number of Firms Listing on China’s A-Share Market Hits New Annual High

As of yesterday, some 385 companies had gone public in China this year, marking a new annual high, state-owned news agency Xinhua reported.

Nov 22, 2017
Zhang Xia
China's Shares Back Off From High Near Lunch

China's Shares Back Off From High Near Lunch

After a scintillating showing in the early forenoon, China's stock markets ebbed from their high tide line in ensuing trading, with only the Shanghai index closing up at the lunch bell.

Nov 22, 2017
Dou Shicong
Today’s PBOC Open Market Operation Walks a Financial System Tightrope

Today’s PBOC Open Market Operation Walks a Financial System Tightrope

China's central bank, the People's Bank of China (PBOC), struck a balance in the financial system via an open market operation today, ending net injections for straight two days.

Nov 22, 2017
Dou Shicong
China's Stocks Go From Strength to Strength in Early Trading

China's Stocks Go From Strength to Strength in Early Trading

After the main indexes rebounded strongly in the last two days, China's Stock Markets pursued a steadily upward trajectory in early trading this morning.

Nov 22, 2017
Dou Shicong
PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points

PBOC Raises Yuan-Dollar Central Parity Rate by 66 Basis Points

China's central bank, the People's Bank of China (PBOC), raised the yuan-dollar central parity rate by 66 basis points today, following a cut of 85 basis points yesterday.

Nov 22, 2017
Dou Shicong

Pages