Shanghai
featured
With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.
» Read More
More
-
*China shuns stimulus despite softer growth track-sources. LONDON, May 17- Copper rose for the second day on Friday, supported by tentative signs of better metals demand in top consumer China, but gains were capped by a stronger dollar and persistent worries about Chinese economic growth.
-
*Shanghai volume on Friday strongest since March 28. HONG KONG, May 17- China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday. The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent for a 2 percent gain this week.
-
*China shuns stimulus despite softer growth track-sources. SINGAPORE, May 17- London copper reversed early losses to trade firmer on Friday, tracking gains in Shanghai equities, but is still on course to end a three-week upward streak amid signs Chinese demand is unlikely to pick up strongly as Beijing shuns stimulus measures.
-
HONG KONG, May 17- China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday. The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent, while the Shanghai Composite Index closed up 1.4 percent at 2,282.9.
-
SHANGHAI, May 17- China's yuan strengthened on Friday after the central bank set an unexpectedly strong official midpoint, following on from an overnight slip in the dollar, to signal its intention to let the Chinese currency appreciate further in the near term. The People's Bank of China set the yuan's midpoint at 6.1997, up 0.16 percent from 6.2096 on Thursday.
-
*China property buoyed of hopes of easing sector curbs. The Hang Seng Index and China Enterprises Index of the top Chinese listings in Hong Kong posted their first weekly loss in four, shedding 0.8 and 2.4 percent, respectively.
-
*China shuns stimulus despite softer growth track-sources. SINGAPORE, May 17- London copper edged lower on Friday to remain on course to end a three-week upward streak, undermined by a firmer dollar and indications that demand from top consumer China is unlikely to pick up strongly as Beijing shuns stimulus measures.
-
SINGAPORE, May 17- London copper futures edged lower on Friday to remain on course to end a three-week upward streak, undermined by a firmer dollar and indications that demand from top consumer China is unlikely to pick up strongly as Beijing shuns stimulus measures.
-
BEIJING, May 17- Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices.
-
HONG KONG, May 16- Hong Kong shares ended the week on a loss for the first time in a month on Thursday as weak earnings for retailer Parkson weighed, although internet giant Tencent Holdings climbed on the back of robust quarterly results. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.6 percent.
-
*Shanghai equities rally sparks short-covering in copper. SINGAPORE, May 16- London copper edged up on Thursday, after plumbing an almost two-week low in the previous session, but gains may be short-lived as Europe's shrinking economy and a drop in U.S. factory output underline a dimming outlook for demand.
-
HONG KONG, May 16- China shares posted their biggest daily gain in weeks on Thursday as investors joined a rally in the rebounding financial and property sectors while technology-related stocks were also strong. The CSI300 of the leading Shanghai and Shenzhen A-share listings ended up 1.8 percent in its best percentage gain since April 24.
-
*Data shows capital continues flow into China heavily. SHANGHAI, May 16- China's yuan edged lower on Thursday on the back of an overnight rally in the dollar in global markets.
-
HONG KONG, May 16- Chinese shares appeared headed for their best daily gain in two weeks on Thursday, lifting the Hong Kong market, as investors chased a rally in property, brokerage and technology-related counters.
-
*Shanghai equities rally sparks short-covering in copper. SINGAPORE, May 16- London copper edged up on Thursday, after plumbing an almost two-week low in the previous session, but gains may be short-lived as Europe's shrinking economy and a drop in U.S. factory output underline a dimming outlook for demand.
-
SINGAPORE, May 16- London copper slipped on Thursday after Europe's shrinking economy and a drop in U.S. factory output underlined a dimming demand outlook for metals, although a softer dollar limited losses.
-
NEW YORK-- Suntech Power Holdings Co., one of the world's biggest solar panel manufacturers, said Wednesday that it reached a deal with some of its lenders to again delay the repayment of $541 million in debt. In March, Suntech defaulted on a $541 million bond payment.
-
SHANGHAI, May 15- China's yuan closed slightly lower on Wednesday after the central bank set its official midpoint moderately weaker to reflect a rally in the dollar index overnight to a near 10- month high, traders said. The People's Bank of China fixed its midpoint at 6.2070 before trade began, mildly weaker than Tuesday's 6.2035.
-
*Li& Fung lifted by UBS upgrade, chairman's comments. HONG KONG, May 15- Hong Kong and China shares rebounded from a one-week low on Wednesday in weak volume, with investors mainly focused on a handful of stocks on hopes of an earnings turnaround.
-
HONG KONG, May 15- China shares rebounded on Wednesday from a 1-1/ 2 week closing low, helped by strength in telecom equipment suppliers as Shanghai bourse volumes neared the year's lows. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed up 0.5 percent at 2,506.9 points.