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November 10, 2023
What investors will be watching over the next seven days
November 9, 2023
HONG KONG โ Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, Reuters reported on Wednesday (Nov 8), citing sources familiar with the plan. A state-engineered rescue of Country Garden by Ping An would be one of the most significant interventions to date by China to...
November 9, 2023
Pessimism surrounding Chinaโs economic outlook is overblown, say leaders of Chinese financial firms. Read more at straitstimes.com.
November 9, 2023
(Bloomberg) -- A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent the insurer’s stock sliding, wiping out $3.1 billion from its valuation. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion Righ...
November 9, 2023
China stocks were flat on Thursday after the latest consumer prices data revived worries on recovery, while investors weighed developments in the property sector and other stimulus measures. ...
November 9, 2023
Markets fairly calm after recent volatility as traders await next weekโs October US CPI data
November 9, 2023
Shares of Chinese property giant Country Garden fell sharply early on Thursdaygiving up some of the previous days big gains on the back of a report that Beijing had asked Ping An Insurance Group to...
November 9, 2023
A look at the day ahead in European and global markets from Ankur Banerjee An uneasy calm prevailed during Asian trade as investors digested a flurry of comments from...
November 9, 2023
China has tightened the rules for listed companies seeking to raise funds using the equity route, in what is seen as another bid to limit supply of new shares and support stock prices in a sluggish market.
November 9, 2023
Asian share markets rallied on Thursday and the dollar firmed, even as global investors again sold off the troubled mainland Chinese property sector. MSCIs broadest index of...