An investor looks at share prices at a brokerage in Fuyang, Anhui province. Although investors did not spare listed commercial banks on Friday, causing an average 0.27 percent decline, the banks' overall appeal should not be overlooked, market mavens said. Of the 22 billion yuan invested by overseas investors in the A-share market via the stock connect program linking the …
BANGKOK — A Chinese state investment fund promised to expand its purchases of stock index funds, among other moves signaling Beijing’s resolve to stabilize markets that have been sagging under heavy selling pressure from a property crisis and slowing economy. Shares in Shanghai and Hong Kong surged Tuesday after the announcement by Central Huijin Investment, whose subsidiaries include Chinese state-owned …
Shares may stabilize, unlocking listed firms' true value, boosting recovery The stock buyback and increased holding plans announced on Monday by some listed State-owned enterprises and industry giants will inject more confidence into the A-share market, buoying its performance, experts said on Tuesday. Another seven industry giants, including video surveillance firm Hangzhou Hikvision Digital Technology, China Mobile and chipmaker China …
A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. Capital: Positive responses seen in A-share market Central Huijin Investment, an arm of China's sovereign wealth fund, has increased its stake in the country's four biggest commercial banks amid strengthening signs of economic recovery, which analysts said will help further boost investors' confidence and drive …