John Ruwitch

China's tech stocks valuations soar as foreign investors pile in

Dec 20 2019

SHANGHAI Foreign investors are on their longest spell of buying Chinese stocks this year, increasing their bets on the mainland markets as Beijing and Washington prepare to resolve a long-running trade war.

China central bank adds more liquidity, cuts 14-day reverse repo rate

Dec 18 2019

SHANGHAI China's central bank lowered the interest rate on 14-day reverse repurchase agreements on Wednesday, in step with a similar cut in the 7-day repo rate last month, to ease monetary conditions.

China IPO hopefuls surge to three-year high encouraged by market reform

Dec 17 2019

SHANGHAI The number of companies seeking to go public in mainland China has jumped to about 580, a three-year high, encouraged by a slew of market reforms and a bumper year for equity financing in 2019.

Chinese defy Hong Kong's protest gloom in hunt for bargain stocks

Dec 05 2019

SHANGHAI Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests and the protracted Sino-U.S. trade war, which have battered the Asian financial hub's economy.

China's major shareholders sell A-shares, pressuring markets

Nov 28 2019

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.

GRAPHIC-China's traditional 'Nifty 50' darlings signal economic stress

Nov 22 2019

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.

Competition intensifies in China's $100 billion, red-hot ETF market

Nov 21 2019

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.

China trims new benchmark lending rate again to shore up sputtering economy

Nov 20 2019

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.

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