What do the moves in China mean for the retail investor? David Chao, DCM Ventures co-founder and general partner, joins Squawk Alley to discuss.» Read More
Oct 10- When one of Vietnam's richest and best-connected bankers was arrested in August, a move that sent the country's stock market tumbling, a little-known blog broke the news hours ahead of state media.
MIAMI-- Two-time NBA champion Dwyane Wade is signing with Chinese sportswear provider Li-Ning, which is giving the Miami Heat guard his own brand within the company along with plenty of creative and strategic input.
SHANGHAI, Oct 9- China Vanke Co Ltd, the country's largest real estate developer by sales, said its September sales fell 4 percent to 12 billion yuan from the same period a year ago.
SHANGHAI, Oct 9- China Molybdenum Co Ltd, backed by billionaire Yu Yong, nearly tripled on its Shanghai debut as investors deemed the stock to be undervalued after regulators ordered the company to scale back its offering to ease a glut of new issues.
*ZTE shares slump 5.6 percent, extend drop on U.S. Congress report. HONG KONG, Oct 9- China shares posted healthy gains on Tuesday and lifted Hong Kong markets to near a five-month high as hopes of more market-supporting measures from Beijing spurred rallies in large-cap banking and energy shares.
BEIJING, Oct 9- China's annual economic growth probably slowed for a seventh straight quarter in the July-September period to the weakest level since the depths of the global financial crisis, a Reuters poll showed, reinforcing the case for further policy stimulus.
HONG KONG, Oct 9- Hong Kong shares closed near a five-month high on Tuesday as hopes of more steps to support the market from Beijing spurred rallies in large-cap banking and energy shares in mainland markets.
*Firmer China steel prices, restocking lift iron ore. SINGAPORE, Oct 9- Spot iron ore prices climbed to their highest in almost two months as steel mills from top buyer China snapped up cargoes to replenish stockpiles, encouraged by higher steel prices which also hit their loftiest since August.
Oct 9- China shares posted robust gains on Tuesday, with banks, brokers and large-cap energy shares rallying as investors returned to the market amid hopes of more steps to support the market. The CSI300 index of top Shanghai and Shenzhen listings ended the day up 2.2 percent while the Shanghai Composite rose 2 percent.
SHANGHAI, Oct 9- China Molybdenum Co Ltd, backed by Chinese billionaire Yu Yong, nearly tripled on its Shanghai debut after the company sold stock way below the indicative range- triggering a surge in bids and prompting a trading halt.
*Firmer China steel prices, restocking lift iron ore. SINGAPORE, Oct 9- Spot iron ore prices climbed to their highest in almost two months on Tuesday as steel mills from top buyer China snapped up cargoes to replenish stockpiles, encouraged by higher steel prices which also hit their loftiest since August.
*No RRR cut seen before Party Congress on Nov. 8. SHANGHAI, Oct 9- Liquidity eased slightly in China's money markets on Tuesday following a large cash injection by the central bank, but traders remained cautious about lending at tenors longer than one day.
HONG KONG, Oct 9- Hong Kong shares rose to a five-month high and China shares gained more than 2 percent in active trade on Tuesday, as hopes of more steps to support the market from Beijing spurred rallies in large-cap banking and energy shares.
A steady rise in home prices will, however, renew concerns about property inflation that could prompt Beijing to further tighten property controls in the run-up to a once-a-decade leadership transition this year.
SHANGHAI, Oct 9- China Molybdenum Co Ltd. China Molybdenum, a major Chinese producer of tungsten and molybdenum also listed in Hong Kong, opened at 8.70 yuan compared with its IPO price of 3.00 yuan. The company raised only 600 million yuan through its share offering in Shanghai, reflecting slack demand for resource-related firms amid a slowing economy.
SHANGHAI, Oct 9- The non-performing loan ratio for banks in China's entrepreneurial hub of Wenzhou has surged this year, official media reported on Tuesday, the latest sign of declining credit quality at Chinese banks amid a slowing economy.
SHANGHAI, Oct 9- Chinese newspapers available in Beijing and Shanghai carried the following stories on Tuesday. --China's Huawei Technologies Co Ltd denied a report that it plans to list on a U.S. stock exchange soon. --Lu Thai Textile Co Ltd said it had bought back 31.92 million B-shares in China as of Oct. 8.
TUESDAY, OCTOBER 9++ COMPANY RESULTS++-# Hang Seng Bank Ltd third interim dividend.++ AGM/SGM/EGM++. Empire Room 2, 1/ F, Empire Hotel. -1000-1100 News briefing by Amnesty International to launch report- "Standing Their Ground- rise in forced evictions in China".
RIGHT UJUMCHIN, China, Oct 9- On the remote grasslands of northeastern China, a politician little known in the West has made a name for himself as a rising leader.
MIAMI-- LeBron James is visiting China for the ninth time, which makes him one of the resident Miami Heat experts about the world's most populous nation. So maybe it's fortunate that the coming week won't exactly include a ton of free time for the Heat, who arrived in Beijing on Monday night for a weeklong trip.