Shanghai Finance

News

Stocks up as tech makes a comeback

China stocks rebounded Wednesday on a surge in technology shares, led by chip makers and software companies. The benchmark Shanghai Composite Index rose 0.6 percent to close at 2,561.61 points. The Shenzhen ...

October 18,2018

Stocks hit 4-year lows, but don't panic

China’s stock markets hit four-year lows Tuesday as external uncertainties weakened investor sentiment. But analysts warned against panic selling, saying government reforms — from tax cuts to a reduction ...

October 17,2018

Local rules published for Shanghai-London stock connect

Chinese securities published rules for the long-awaited Shanghai and London Stock Connect program last Friday, paving the way for companies listed in the two cities to enter each other’s stock exchanges. ...

October 16,2018

China's stock markets recover from global rout

On Friday, China’s stock market bounced back following positive trade data for the month of September, although Wall Street stock turmoil continues. Buoyed by the rally of heavily weighted names like ...

October 15,2018

China's stock markets experience 'Black Thursday'

Clouded by a big overnight crumble on Wall Street, China’s markets fell sharply yesterday — with Shanghai hitting a four-year low. The main indexes in Shanghai and Shenzhen tumbled more than 5 percent ...

October 12,2018

China's annual rich list sees dramatic shifts in wealth

The 2018 Hurun China Rich List was released today, with Ma Yun of Alibaba becoming the richest man in China, with a fortune of US$39 billion. Only 1,893 individuals made the cut this year, down 11 percent ...

October 11,2018

China markets tread water

China's stock markets trod water yesterday, partially helped by gains in the oil sector and gold manufacturing. The A-share market showed signs of rebounding during the morning session, but they were ...

October 10,2018

Stocks dive, despite central bank boosting liquidity

Shanghai stocks registered their biggest daily loss in three and a half months yesterday, as China's bourses fell heavily despite a move by the central bank over the weekend to reduce the reserve ratio ...

October 09,2018

PBOC slashes reserve ratio for fourth time

China’s central bank yesterday announced a cut in the amount of cash that banks must hold as reserves to lower the financing cost for the country’s real economy. The People’s Bank of China said it will ...

October 08,2018