market

The Shanghai stock market is likely to pick up slightly this week on better economic data released at the weekend, analysts said yesterday. The Shanghai Composite Index was generally flat and trading was sluggish last week because investors were cautious ahead of the unveiling of ...
ChiNext stocks rose 8.71 points, or 0.7 percent, to open at 1,175.51 points Monday. The index, officially launched on June 1 on the Shenzhen Stock Exchange, has a base value of 1,000 points. The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small ...
Analysts said the China stock market is under downward pressure as tighter monetary policies bombard the fastest growing major economy. "Investors should consider the changes in economic policies outlined by the Central Economic Work Conference last weekend. A new interest rate ...
Gold futures on the COMEX Division of the New York Mercantile Exchange on Friday tumbled as China ordered lenders to reserve more funds in the central bank, a tightening measure that is expected to curb inflation and slow economic growth. The most active gold contract for ...
Crude prices Friday broke below 88 U.S. dollars a barrel as China raised bank reserve requirement and positive economic data lifted dollar. China's central bank on Friday raised bank reserve requirement by 50 basis points for the third time in a month to counter inflation. ...
Chinese shares higher Friday with the benchmark Shanghai Composite Index up 1.07 percent, or 30.09, to end at 2,841.04. The Shenzhen Component Index closed up 0.87 percent, or 107.2 points, to end at 12,460.46. Total turnover shrank to 186.98 billion yuan (28.10 billion U.S. ...
China's stocks continued Wednesday's fall amid mounting tightening concerns, with the benchmark Shanghai Composite Index down 1.32 percent, or 37.6 points, to end at 2,810.95 on Thursday. The Shenzhen Component Index declined 2.08 percent, or 262.15 points, to end at 12,353.27. ...
Chinese shares fell at midday Thursday on speculation that the country's central bank would raise interest rates this weekend to help stem inflation. The benchmark Shanghai Composite Index fell 0.74 percent, or 21.16 points, to 2,827.39, while the Shenzhen Component Index closed ...
U.S. stocks closed moderately higher Wednesday after a late-session surge in financial shares offset the negative effects of a stronger dollar. Two leading Chinese internet firms Youku and Dangdang stole the show in the tech sector, with their shares soaring in U.S. debuts. Wall ...
The value of yuan weakened slightly as the central parity rate of Renminbi, China's currency, was set at 6.6654 per U.S. dollar Thursday, compared with Wednesday's 6.6616, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed ...
The Shenzhen Stock Exchange has reportedly submitted a draft rule making it easier for companies to delist on the ChiNext, China's Nasdaq-style board, in a bid to tighten supervision over speculation in securities. The China Securities Regulatory Commission is considering ...
Chinese shares closed lower Wednesday with the benchmark Shanghai Composite Index down 0.95 percent, or 27.32 points, to end at 2,848.55. The Shenzhen Component Index closed down 0.33 percent, or 41.58 points, to end at 12,615.41. Combined turnover was 210.44 billion yuan (31.6 ...
Chinese shares closed up Tuesday with the benchmark Shanghai Composite Index up 0.65 percent to close at 2,875.86, up 18.68 points. The Shenzhen Component Index closed up 1.89 percent, or 234.21 points, to end at 12,657.00. Combined turnover was 206.78 billion yuan (31.09 billion ...
London stock market rose in opening on Monday, with the leading FTSE 100 index up 12 points, or 0.2 percent, to 5,757 in early trading. Vodafone was one of the biggest early risers on the main British share index. The price of mining stocks also advanced, with Xstrata up 2.6 ...
Investor sentiment is expected to be cautious this week after a meeting of the country's top political leaders pledged to adopt a prudent monetary policy, and introduce effective but flexible macroeconomic policies to tighten liquidity. The Shanghai Composite Index ended 0.04 ...
China's equities closed mixed Monday, as the benchmark Shanghai Composite Index was driven up by oil and financial heavyweights to end at 2,857.18, up 0.52 percent, or 14.75 points. The Shenzhen Component Index fell 0.16 percent, or 20.22 points, to end at 12,422.79. Total ...
The value of yuan strengthened as the central parity rate of Renminbi, China's currency, was set at 6.6515 per U.S. dollar Monday, compared with Friday's 6.6605, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float ...
It seems that Hong Kong has won the initial battle with Shanghai over where the yuan-denominated bond market will expand next, as the Chinese government attempts to keep idle money offshore. But don't rule out Shanghai as the final victor. The nascent market for yuan bonds in ...
China's Purchasing Managers' Index rose to 55.2, the fastest rate in seven months. This suggests the economy is strong enough for policy tightening to continue. This means a further tightening on borrowing conditions. Key interest rates are expected to rise before the end of the ...
China will intensify its supervision and regulation of the futures market, and severely crack down on insider trading and market manipulation, according to the country's securities regulator. Jiang Yang, Assistant to Chairman of the China Securities Regulatory Commission (CSRC), ...
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