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  • SHANGHAI, May 26- Despite being blocked in China, Twitter is courting Chinese companies to buy advertising space on its service used by more than 300 million people elsewhere in the world. The San Francisco- based company already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group, white goods producer Qingdao Haier and flag carrier...

  • Expectations that yuan-denominated shares listed on the Shanghai and Shenzhen exchanges could make the cut have grown as reforms such as the Hong Kong-Shanghai Stock Connect scheme have helped open up China's stock market. "FTSE have offered a half-measure and that's not completely suprising given the intransigence with which a number of major index...

  • GUIYANG, China/ SHANGHAI, May 26- Uber Technologies Inc is leading a charm offensive in China even as the controversial U.S. ride-hailing app valued at $40 billion battles with raids on its offices and a crackdown on its drivers deemed to be operating illegally. Speaking at a technology conference in southern China, CEO Travis Kalanick called on local...

  • *China could be included in key benchmark in two years. Inclusion in benchmark indexes could pour billions of dollars into China stocks over time. The two new emerging markets indexes would merge with the standard FTSE emerging markets index when China shares meet the provider's criteria, he said.

  • SHANGHAI, May 26- Chinese five- and ten-year treasury futures for September delivery were down nearly one percent today, in their sharpest one day move since hitting the market, as rising municipal bond supply threatens to complicate the central bank's easing bias. The rebound in yields is likely partly technical, after the central bank cut its policy rate by 25...

  • SHANGHAI, May 26- China stocks rose again on Tuesday to another seven-year high, with tech stocks returning to investors' favor on fresh signs of government support. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent, to 5,198.92, while the Shanghai Composite Index gained 2.0 percent, to 4,910.90 points.

  • *China's IT, defence stocks surge on signs of policy support. SHANGHAI, May 26- Hong Kong stocks jumped on Tuesday, flirting with seven-year highs, on expectations of more investment flowing from the mainland following Beijing's moves to expedite cross-border investment. Both markets were apparently encouraged by a new cross-border investment scheme...

  • China announced over the weekend that it would allow funds domiciled in Hong Kong and China to be sold in each others' market starting July 1, in China's latest step to facilitate cross-border investment. Lu Wenjie, a strategist at UBS Securities, estimated last week that Chinese investors could potentially pump 200 billion yuan into Hong Kong stocks in the next...

  • SANTIAGO, May 25- Chile's central bank and the People's Bank of China are clearing a path for the use of the Chinese yuan in South America as the two countries look to strengthen their trade relationship. China's central bank said in a statement that it had appointed China Construction Bank as the yuan clearing bank in Chile. China also agreed to grant a 50 billion...

  • SHANGHAI, May 25- Shanghai's benchmark stock index posted its biggest gain in four months on Monday, led by infrastructure and transport shares, after Beijing invited private investors to help build $318 billion of projects ranging from highways to tunnels. China's state planning agency on Monday released a list of more than 1,000 proposed projects...

  • SHANGHAI, May 25- China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth. China retail sales rose 10 percent last month, but eased from March as data showed that China's economy...

  • *CSI300 +2.0 pct; SSEC +2.3 pct; Hong Kong on holiday. SHANGHAI, May 25- China stocks jumped to fresh seven-year highs on Monday morning, led by infrastructure and transport stocks, after Beijing said it is seeking private funding for over $300 billion worth of public projects. "These PPP projects would be a boon to the infrastructure sector, which also benefits from...

  • SHANGHAI, May 25- China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan that it is inviting private investors to help fund, build and operate. As its economic growth slows, China is increasingly turning to PPP, a model not commonly used, to fill a widening funding gap as Beijing clamps down on...

  • BEIJING— At first, the numbers and company names flashing on a big board in Beijing's financial district suggest a booming market. The lights from the Beijing Environment Exchange— one of seven pilot markets in China for trading carbon— raises questions for the country as it prepares for next year's roll-out of a nationwide system that could help the world's...

  • Expedia sells stake in Chinese travel service Friday, 22 May 2015 | 10:44 AM ET

    NEW YORK— Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Before the market opened, Bellevue, Washington- based Expedia said that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno Group Ltd. and...

  • SHANGHAI, May 22- China stocks jumped to fresh seven-year highs on Friday, with a four-day winning streak bringing the weekly gain to the biggest since December as investors raised bets that a month-long consolidation period is ending. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.3 percent, to 4,951.33, while the Shanghai...

  • It's also the prize being sought by Charles Li, the chief executive of Hong Kong Exchanges and Clearing, which bought the venerable London Metal Exchange. This is particularly attractive for global investors not big enough to justify the costs and risks involved in establishing a legal entity in China in order to be allowed to trade there.

  • HONG KONG— Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while most other world markets were subdued Friday ahead of a speech by Federal Reserve chair Janet Yellen. Britain's FTSE 100 gained 0.3 percent to 7,033.44. CHINA RALLY: Investors who weren't allocated shares in recent initial public offerings are...

  • *UBS sees money flow to Hong Kong in 2-3 quarters. SHANGHAI, May 22- China stocks jumped to fresh seven-year highs on Friday morning, and looked set for their biggest weekly gain in two months, as investors raised bets that a month-long consolidation period is ending. The Hong Kong market paced gains.

  • SHANGHAI, May 22- China's yuan edged up against the dollar and hovered around a one-month high on Friday after the central bank set the daily guidance rate slightly higher for the first time in four days, a move traders said refelcted a desire for stability. Officials including Premier Li Keqiang and PBOC Governor Zhou Xiaochuan have pledged to keep the yuan...