A series of positive updates, ranging from a top-level meeting signaling more housing sector support to rising hopes of improving global liquidity conditions, may have set a strong foundation for Chinese equities to register a sustained rally, experts said. The rebound during the May Day holiday of Chinese shares listed overseas bodes well for the A-share market's reopening on Monday …
US investment firm Invesco, which was until recently locked in a boardroom battle with Zee Entertainment Enterprises Ltd, has decided to reduce its stake in the latter via a block deal on April 7. Invesco, which is currently Zee’s biggest shareholder and holds a total of 17.88 per cent stake along with OFI Global China Fund LLC, will offload up …
