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  • Sept 21- Hong Kong stocks sagged on Monday, weighed down by broad weakness in markets amid lingering worries about global economic growth. Equities in major Asian markets, including Japan and Taiwan, also fell on Monday. Shanghai Jin Jiang International Hotels Group fell 7.4 percent after it agreed to acquire an 81 percent interest in Keystone Lodging Holdings...

  • China stocks end higher, boosted by small caps Monday, 21 Sep 2015 | 3:16 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.8 percent, to 3,308.25, while the Shanghai Composite Index gained 1.9 percent, to 3,156.54 points. "Investors seem to be favouring short-term trading in the IT sector with relatively frequent rallies and corrections," wrote Gerry Alfonso, director at Shenwan Hongyuan Securities.

  • BEIJING, Sept 21- Britain and China have agreed to carry out a feasibility study for a stock exchange connect scheme between bourses in London and Shanghai, according to a document issued by the British finance ministry in Beijing on Monday. The ministry said that China's central bank would also issue a yuan-denominated central bank note in London in the near...

  • *Warner Bros ties up with China Media Capital. HONG KONG/ SHANGHAI, Sept 21- Warner Brothers and investment firm China Media Capital are forming a joint venture to develop Chinese-language movies, adding to a wave of tie-ups between Hollywood studios and Chinese partners to tap China's fast-growing box office. China's box office takings, set to hit $8.9 billion...

  • Anheuser-Busch InBev approached SABMiller about possible tie-up. *ABI, SAB would have combined China beer market share of 37 pct. SHANGHAI/ HONG KONG, Sept 18- A successful marriage between beer giants Anheuser-Busch InBev and SABMiller would almost certainly have to be done without one of the jewels in SAB's crown: its 49 percent stake in China's...

  • Fed's focus on China unnerves some investors Friday, 18 Sep 2015 | 6:12 AM ET

    *Some investors say China policy now core to reading Fed. Fed Chair Janet Yellen's comments that U.S. rates were kept on hold on Thursday partly over concerns that China's slowdown may be more abrupt than expected prompted some investors to fret that the Fed was becoming too reactive, and focusing on China would prolong current market uncertainty.

  • SHANGHAI, Sept 18- China stocks ended a volatile week slightly higher on Friday, after the U.S. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.4 percent, to 3,251.27, but was down 2.9 percent for the week. China's stock market has seen extreme gyrations in the past week on worries about the economy and as Beijing stepped up efforts to...

  • *CRRC, no. 1 global train maker, in XpressWest project. BEIJING, Sept 17- A unit of China's CRRC Corp, the world's biggest train maker by revenue, on Thursday joined a group of its domestic peers in agreeing a deal to help build a high-speed link from Las Vegas to Los Angeles, underlining the rail giant's lofty overseas ambitions. CRRC, formed from a state-driven merger of...

  • SHANGHAI, Sept 18- China's yuan firmed against the dollar on Friday, after the central bank set a stronger midpoint and the U.S. "A slew of strong midpoints has helped keep the yuan stable of late," said a dealer at a European bank in Shanghai. The People's Bank of China set the midpoint rate at 6.3607 per dollar prior to market open, 0.1 percent firmer than the previous...

  • BEIJING, Sept 18- Home prices in China rose for a fourth consecutive month in August, offering hope that the ailing property sector is becoming less of a drag on the slowing economy. Average new home prices inched up 0.3 percent in August from the previous month, according to Reuters calculations based on data released by the National Statistics Bureau on Friday,...

  • BEIJING, Sept 18- Average new home prices in China rose for the fourth month in a row in August, increasing 0.3 percent from July, data from the National Bureau of Statistics showed on Friday. New home prices in Shanghai rose 5.6 percent in August from a year ago while those in Beijing increased 3.0 percent. However, new construction and investment remain weak, and...

  • HONG KONG, Sept 18- China Reinsurance and China International Capital Corp, the country's top domestic investment bank, have won approval for IPOs in Hong Kong expected to be worth up to $3 billion in total, IFR reported on Friday, citing people familiar with matter. Other companies planning Hong Kong IPOs but which have delayed their plans due to a steep sell-off...

  • COLUMN-Fed ties itself to China's mast: James Saft Thursday, 17 Sep 2015 | 4:47 PM ET

    Sept 17- Let's not kid anyone: when the Federal Reserve speaks of "global economic and financial developments" in justifying delaying an interest rate rise, they are talking about China. That implies a long wait, as China is engaged in a needed but dangerous multi-year effort to transform itself into a consumer-based economy. Fed chair Janet Yellen expanded on...

  • BEIJING, Sept 17- A unit of China's CRRC Corp, the world's biggest train maker by revenue, on Thursday agreed a deal to help build a planned high-speed link from Las Vegas to Los Angeles, underlining the rail giant's lofty overseas ambitions. CRRC, formed from a state-driven merger of China's two largest train makers, is among a large group of the country's rail firms...

  • SHANGHAI, Sept 17- China stocks dropped 2 percent on Thursday, with a dive in the last 30 minutes of trade wiping out early gains, underscoring fragility of investor sentiment as Beijing's anti-corruption crackdown extends deeper into the financial industry. Late on Wednesday, China announced a probe into the assistant chairman of China's securities...

  • SHANGHAI, Sept 17- Beijing's decision to continue supporting the yuan after a sharp one-off devaluation has investors wondering how long the government can hold the line as the country burns through its currency reserves at record rates. Data released Monday showed that Chinese banks' foreign currency sales jumped to a record 723.8 billion yuan in August, by...

  • SHANGHAI, Sept 17- China's yuan edged higher against the dollar on Thursday after the central bank set a stronger midpoint, with the focus in global markets firmly on a crucial policy decision by the U.S. Earlier on Thursday, Wang Yungui, head of policy and regulation department at the State Administration of Foreign Exchange, said there was no basis for further...

  • BOSTON/ NEW YORK, Sept 17- Just as China shows that its domestic stock market can be something of a one-way street-- investors can put money in, but not take money out- the biggest mutual fund company, Vanguard Group, is moving ahead with plans to expose more mom-and-pop investors to the country's heavily restricted exchanges. With the Shanghai stock exchange down by...

  • Hong Kong stocks also rose as investors consolidated positions ahead of a U.S. Some analysts said a rise in U.S. interest rates would remove a big uncertainty for investors and support the Hong Kong dollar, which is pegged to the U.S. dollar. Surprising many investors, China's graft watchdog said late on Wednesday that the assistant chairman of China's...

  • *Acquisitions part of coordinated strategy- Alibaba. BEIJING/ SHANGHAI, Sept 17- A year since it went public in the biggest stock listing ever, China's Alibaba Group Holding Ltd has spent more than $6 billion on everything from an electronics store chain to a robot maker. At the same time, smaller rival JD.com Inc's growing market share is cause for concern-...