Andrew Galbraith

China to revamp benchmark equity index, STAR as pursues growth

19 Jun 2020

SHANGHAI China will revamp its benchmark equity index by introducing more high-tech strength and removing loss-making companies, as it turns to its capital markets to bolster its economy against the impact of the coronavirus outbreak.

China pledges continued economic support but warns of liquidity hangover

18 Jun 2020

SHANGHAI China will maintain ample financial system liquidity in the second half of the year as the economy recovers from the coronavirus but will need to consider withdrawing that support at some point, its central bank governor warned on Thursday.

China finalizes new IPO rules for Shenzhen's ChiNext startup board

13 Jun 2020

SHANGHAI China has finalised new rules for companies looking to list on Shenzhen's ChiNext board, streamlining the listing process and allowing IPO pricing to be fully determined by the market.

UPDATE 2-Fitch wins approval for China domestic bond ratings

15 May 2020

SHANGHAI, May 14 Fitch on Thursday became the second global ratings agency to receive approval to rate China's domestic bond market, in what the country's central bank said was part of its implementation of the Phase 1 trade deal with the United States.

GLOBAL MARKETS-Shares rise as US, China trade negotiators talk, but bleak job data awaited

08 May 2020

* U.S., China trade negotiators agree to cooperate on trade deal

GLOBAL MARKETS-Asian shares up as U.S., China trade negotiators talk

08 May 2020

SHANGHAI/NEW YORK, May 8 Asian shares rose on Friday as investors focused on talks between U.S. and Chinese trade officials and solid corporate earnings rather than the looming release of data expected to show the worst U.S. unemployment rate in more than 70 years.

Companies on China's STAR hi-tech market post profit growth amid pandemic

30 Apr 2020

SHANGHAI Companies listed on China's new Nasdaq-style STAR Market posted combined profit growth in the first quarter as Beijing looks to bolster its tech sector to aid an economy ravaged by the coronavirus outbreak.

Worried China bondholders call for protection as restructuring wave looms

29 Apr 2020

SHANGHAI China's bondholders are increasingly worried that there is little to protect them from being railroaded into bad deals by troubled borrowers amid a wave of virus-related extensions and restructurings.

China cuts key rate for second time this year, more easing likely

20 Apr 2020

SHANGHAI China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. | Video

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