Markets

Some 49 Chairmen Have Quit Chinese Listed Firms Since July

Some 49 Chairmen Have Quit Chinese Listed Firms Since July

Some 49 chairmen at Chinese listed firms have walked away from their positions since July mainly because of job transfers, personal reasons and management changes.

Oct 12, 2018
Liao Shumin
China's Investment Management Firms Face Tough Winter as Capitals Elude

China's Investment Management Firms Face Tough Winter as Capitals Elude

China's Investment Management Firms Face Tough Winter as Capitals Elude. Chinese venture capitalist and private equity firms are having…

Oct 11, 2018
Duan Qianqian
 Shares in Ganfeng Lithium Plunge 28 Percent on First Day of Hong Kong Trading

Shares in Ganfeng Lithium Plunge 28 Percent on First Day of Hong Kong Trading

Shares in China’s leading producer of lithium by production capacity plunged 28 percent on the first day of trading in Hong Kong.

Oct 11, 2018
Tang Shihua
Global Governments May Snap Up Cheap Yuan to Boost Forex Reserves, Chinese Research Head Says

Global Governments May Snap Up Cheap Yuan to Boost Forex Reserves, Chinese Research Head Says

Governments around the world will increase their holdings of Chinese yuan as official foreign exchange reserves, and its short-term depreciation…

Oct 11, 2018
Xu Yanyan
Chinese Stocks Plunge to Four-Year Low Amid Global Slide

Chinese Stocks Plunge to Four-Year Low Amid Global Slide

China’s A-share markets fell below 2,600 in trading today following yesterday’s global rout to reach their lowest level since November 2014.

Oct 11, 2018
Li Juan & Zhang Yushuo
Yuan-Dollar Central Parity Rate Falls to 19-Month Trough

Yuan-Dollar Central Parity Rate Falls to 19-Month Trough

The central parity rate of the Chinese yuan against the US dollar has continued to fall for a seventh consecutive days hitting a 19-month low.

Oct 10, 2018
Xu Wei
Lepu Invests in US Biopharma Rgenix, Hopes to Bring Its Cancer Drugs to China

Lepu Invests in US Biopharma Rgenix, Hopes to Bring Its Cancer Drugs to China

Chinese healthcare firm Lepu Medical Technology plans to invest USD22 million in American biopharma Rgenix and bring its cancer therapeutics to China.

Oct 10, 2018
Tang Shihua
UnionPay's Cross-Bank Transactions Hit Record High Over Chinese Holiday

UnionPay's Cross-Bank Transactions Hit Record High Over Chinese Holiday

China’s cross-bank transaction volume hit a new high for the week-long National Holiday period this year, data from the country's largest bank card provider shows.

Oct 9, 2018
Xu Wei
Yuan-Dollar Central Parity Rate Falls to 17-Month Low

Yuan-Dollar Central Parity Rate Falls to 17-Month Low

The central parity rate of the Chinese yuan against the US dollar has continued its descent, hitting a 17-month trough, though some analysts do not expect further significant falls in the future.

Oct 9, 2018
Xu Wei
China Stocks, Yuan Tumbled Yesterday After PBOC Unveiled RRR Cut

China Stocks, Yuan Tumbled Yesterday After PBOC Unveiled RRR Cut

The Chinese mainland’s stock markets and the onshore yuan exchange rate both fell yesterday, the first day back after the…

Oct 9, 2018
Xu Wei
TCL Puts Out Feelers to Buy ASM International’s HK Unit, But Strikes No Deal

TCL Puts Out Feelers to Buy ASM International’s HK Unit, But Strikes No Deal

TCL Group has only tentatively contacted ASM International to acquire its Hong Kong unit, but no deal has been signed, TCL announced yesterday in reply to media reports.

Oct 9, 2018
Xu Wei
Yuan Falls to Seven-Week Low Against Dollar on Fed Chairman’s Comments

Yuan Falls to Seven-Week Low Against Dollar on Fed Chairman’s Comments

The Chinese yuan fell to its lowest rate against the dollar in almost two months following comments from US Federal…

Oct 5, 2018
Xu Wei

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