Asian stock markets rallied on Thursday on the back of strong U.S. data, with China's benchmark index leading the gains.» Read More
*Hong Kong tracks bullish mainland market. SHANGHAI, Dec 4- China and Hong Kong shares rose on Thursday led by financials, as the market's bullish rally on expectations of further economic stimulus measures showed no signs of losing steam. Banking and brokerage shares remained the biggest supports for the market, with China Merchants Bank up more than 8 percent...
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.7 percent to 2,923.94, its largest daily rise since July 2013, while the Shanghai Composite Index gained 3.1 percent to 2,763.54 points, its best day since Sept 2013. Brokerages such as Guoyuan Securities Co Ltd, Hong Yuan Securities Co Ltd, Western Securities Co Ltd and Founder...
SHANGHAI/ HONG KONG, Oct 23- Squeezed between cut-throat competition from online financing firms and rising funding costs, China's midsize banks are falling out of investors' favor as they increasingly lag behind the country's top five lenders. China's five biggest banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp,...
SHANGHAI/ HONG KONG, Oct 23- Squeezed between cut-throat competition from online financing firms and rising funding costs, China's midsize banks are falling out of investors' favour as they increasingly lag behind the country's top five lenders. China's five biggest banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp,...
The 2nd U.S. Circuit Court of Appeals in New York directed two lower court judges on Wednesday to reexamine whether they had the authority to force compliance with court orders freezing accounts in China in light of a U.S. Supreme Court decision limiting federal court jurisdiction over foreign corporations.
HONG KONG, Sept 3- China shares rose to their highest levels for the year on Wednesday, after two surveys showed activity in China's services sector rebounded in August, giving a much needed fillip for an economy struggling to regain momentum.
HONG KONG, Sept 3- China shares rose for a fourth straight day on Wednesday, spurred by two surveys showing activity in China's services sector rebounded in August after a drop in July, pushing the major indexes to multi-month highs. The Hong Kong market followed suit, with its benchmark index scoring the best rise in six weeks.
HONG KONG, Aug 25- China shares slipped on Monday as investors set aside money for coming initial public offerings, while the Hong Kong market also edged lower. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.1 percent.
*Hong Kong shares flat ahead of major bank earnings. SHANGHAI, Aug 19- China's stock indexes fell slightly by midday on Tuesday due to weakness in the financial sector while Hong Kong shares were mostly flat on investor caution ahead of earnings.
HONG KONG, July 22- Hong Kong's benchmark index reached its highest level in more than seven months early on Tuesday, leading gains in Asia, as recent fund inflows pushed up the territory's blue-chip stocks. Also pushing up the index were moves by investors to cover their short positions in the absence of negative news from China.
BEIJING, July 21- Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes, a sign of fading hopes that the once red-hot market can bounce back any time soon.
JPMorgan has picked David Li, formerly of UBS, to head its China business, which has been rocked by a probe into its hiring practices in the region.
SHANGHAI, June 30- Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21- month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.
Asian stocks were mixed on Tuesday with risk appetite dealt a triple blow over developments in Iraq, Ukraine and Argentina.
Asian equities turned mixed on Friday amid concerns about violence in Iraq and signs of improving economic activity from China.
Asian equities were mixed on Wednesday as investors looked ahead to key risk events this week.
Asian stock markets lost ground on Monday as concerns about a slowdown in China offset Friday's positive lead from Wall Street.
Asian shares were mixed on Friday in quiet trade with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.
Asian equities were mixed on Tuesday after data showed money supply in the world's second largest economy grew its weakest pace in more than decade.
Asian stocks ended higher on Thursday, with mainland shares outperforming, as investors shrugged off disappointing Chinese trade figures.