SHANGHAI Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a slowing economy and the impact of the Sino-U.S. trade dispute.
SHANGHAI, Nov 22 More than a third of China's
"Nifty 50" stocks have, for the first time in three years,
slipped to levels that suggest further economic slowdown and
deterioration in their profitability.
SHANGHAI China's rapidly growing $100 billion market for exchange-traded funds is luring plenty of new entrants, intensifying competition in a market some predict will dethrone Japan to become Asia's largest in five years.
SHANGHAI China lowered its lending benchmark rate on Wednesday, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and U.S. trade tariffs.
* PBOC seen likely to cut rates more aggressively in coming
SHANGHAI, Nov 13 Shares of half a dozen tech
firms on China's newly-launched, Nasdaq-style STAR Market slid
below their initial public offering (IPO) prices this month as a
rapidly slowing economy forced investors to reassess their high
SHANGHAI At trade shows in the United States, California-based Champion Power Equipment displays the faces of the tough-looking sportsmen that it sponsors against the backdrop of an American flag.
SHANGHAI Foreign holdings of Chinese stocks rose to a record high by the end of the third quarter, despite the ups and downs in a protracted trade dispute with the United States, as Beijing further opens its financial markets to help fund businesses.
SHANGHAI Global investors will embrace China's vibrant capital markets even more closely, shrugging off threats of a U.S.-China decoupling in the wake of their trade war, veteran Chinese fund manager Richard Pan said.