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Chinese listed companies have registered a strong rebound in corporate earnings in the first half of the year, an indication that solid economic fundamentals will continue to attract global investors to the world's second-largest economy, leading experts said on Friday.
The Mainland China share market finished higher for second consecutive session on Tuesday, 01 June 2021, after a private report showed Chinese manufacturing expanded in May. The Caixin China PMI Manufacturing Index rose to 52 in May from 51.9 for the previous month, signifying the nation's industrial companies were in expansion mode. The report, which surveys smaller enterprises, contrasted with a slight drop in activity in an official manufacturing gauge published by the National Bureau of Statistics a day earlier. At closing bell, the benchmark Shanghai Composite Index advanced 0.26%, or 9....
Read more about China Market climbs to 3-month highs on Business Standard. At closing bell, the benchmark Shanghai Composite Index advanced 0.43%, or 15.49 points, to 3,608.85, its strongest closing since Feb 23. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.79%, or 18.72 points, to
ST firms set to face price fixing probe By SHI JING in Shanghai | China Daily | Updated: 2021-05-19 09:09 Share CSRC looks into 'pump-and-dump' charges after serious questions arise Questions raised by an industry expert regarding market manipulation of public companies with less stellar business performance have affected prices of A-share special treatment or ST companies and small-caps, which over the long run will benefit qualified blue-chips and better promote value investment, said experts. Share prices of ST companies, which reported losses...
Asian equities had a mixed night following the US’ equities mixed performance yesterday. Hong Kong and South Korea outperformed while Taiwan and India underperformed. Utilizing data from Trip.com (formerly C-trip), Reuters reported that Chinese vacations this week are expected to be 200 million...