Alibaba's foray into online financial services was expected to disrupt China's bank sector, but now some believe it's no longer particularly radical.» Read More
HONG KONG, June 13- The index of Chinese companies listed in Hong Kong posted its 5th consecutive weekly gain on Friday, its longest winning streak since early 2012, lifted by bank shares.
HONG KONG/ QINGDAO, China/ SYDNEY, June 13- The trail that led investigators to a suspected metal financing scam at China's Qingdao port which has spooked Western banks and hit global metals prices began with a Communist Party corruption probe 1,000 miles away in the old Silk Road city of Xining.
HONG KONG, June 13- Shares in China and Hong Kong rose on Friday, led by strong gains in the banking sector after data showed China's new bank lending and money supply rose faster than expected in May, adding to hopes that the economy was stabilising.
For some young Chinese, the desire to work for foreign companies may be losing its appeal.
Asian equity markets were mixed on Wednesday with momentum subdued following a lackluster session on Wall Street.
Asia stocks ended mostly higher on Tuesday following a pick up in Chinese consumer inflation, but Japanese shares fell on profit-taking.
HONG KONG, June 10- China shares posted their best gains in almost a month on Tuesday, led by strong gains in financial counters after China detailed which banks would benefit from a recently promised cut of required reserves ratios. On May 30, China said there would be cuts in reserve requirements for some banks.
HONG KONG/ Shanghai, June 10- China shares ended a choppy morning trade up on Tuesday, led by strong gains in financial counters after China detailed which banks would benefit from a recent cut of required reserves ratios.
Asian stocks kicked off the week with gains following positive data releases from the region's two biggest economies and a strong U.S. lead.
HONG KONG, June 9- China shares ended barely changed on Monday, with gains in property and finance counters largely offset by losses for a few index heavyweights. Among the top index boosts in Shanghai, Poly Real Estate Group climbed 4.1 percent, while top Chinese lender Industrial and Commercial Bank of China gained 1.4 percent.
QINGDAO, China/ SINGAPORE, June 9- Is the metal stored in a Chinese warehouse really there?
HONG KONG, June 6- China shares fell and could post their first weekly loss in four, as investors pull money out of the market while awaiting direction from major economic data in the coming week.
Asian equities closed mixed in choppy trading Thursday, as traders braced for a highly-anticipated European Central Bank meeting.
Asian stocks finished mixed on Tuesday following key Chinese economic data and monetary policy decisions in Australia and India.
HONG KONG, June 3- Hong Kong shares reached their highest close in five months, lifted by Chinese manufacturing surveys which reinforced hopes that China's economy may be improving after a few rough months. Agricultural Bank of China climbed 3.8 percent, while Industrial and Commercial Bank of China added 2.0 percent.
HONG KONG, June 3- Hong Kong shares rose on Tuesday, led by financial and property stocks, after solid Chinese manufacturing surveys reinforced hopes that the China's economy may be improving after a few weak months. Mainland and Hong Kong markets were closed on Monday for a holiday.
HONG KONG, May 27- The index for Hong Kong listings of China companies on Tuesday had its biggest loss since May 9, pulled down by weaker Chinese bank stocks. The Hang Seng Index closed down 0.1 percent at 22,944.30 points.
BEIJING, May 14- Hong Kong shares hit a three-week high on Wednesday, as property and banking stocks continued to rise after China's central bank urged mainland lenders to speed up the granting of home loans. China Overseas Land& Investment Ltd jumped 4.1 percent and China Resources Land Ltd gained 6.0 percent.
*Tencent volatile ahead of earnings. BEIJING, May 14- Hong Kong shares hit a three-week high on Wednesday as investors snapped up property and banking stocks after China's central bank urged mainland banks to speed up the granting of home loans. The China Enterprises Index of the top Chinese listings in Hong Kong also gained 0.9 percent.
Despite myriad concerns about Chinese stock markets, real estate and banking systems, the long view on China is still bullish. For one, Neena Mishra, director of ETF research for Zacks Investments in Chicago, sees a little slowing in China in the near term.