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Chinese listed companies are rushing to buy back shares and lift dividends as they respond to regulators' calls that echo reform efforts in Japan and South Korea, driving a welcome rally even if...
China-listed firms paid cash dividends totalling 2.2 trillion yuan (US$300 billion) for 2023 despite a fall in combined profit, official data shows. Fund managers are not convinced broader governance improvements are afoot.
Markets await a key reading on U.S. inflation
Chinese stocks looked set to end the week on a strong footing as a wave of policy support from Beijing restored fragile investor confidence and put a floor under its sliding stock market. The blue-chip index rose 0.03% and was eyeing a 2% weekly gain, while the Shanghai Composite edged 0.3% higher, putting it on track for a 3% weekly rise, its largest since July 2023.
Chinese stocks set to end the week on a strong footing as Beijing restores investor confidence