China to advance board shift for listed companies on "new third board"2021-02-27
China's two major bourses on Friday announced board-transfer regulations for companies listed on China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board."
RMB gains larger share in international payment: SWIFT2021-02-22
The Chinese currency renminbi (RMB), or the yuan, has retained its spot as the fifth most attractive currency for global payments by value in January but with a larger share as a global payment currency, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services.
Bullish streak ahead for A-share market2021-02-20
Strong foreign capital flows and the healthy investment outlook for companies will put the A-share market on a strong growth trajectory this year, analysts said on Friday after most of the major indexes notched up gains.
New areas fortify Baidu finances, sharpen focus on tech investment2021-02-19
Nasdaq-listed Chinese internet giant Baidu Inc delivered better-than-expected fourth-quarter financial results on Thursday, with revenue rising 5 percent year-on-year to 30.3 billion yuan ($4.7 billion), yielding a non-GAAP(generally accepted accounting principles) net profit of 6.9 billion yuan.
Bull run in A shares to continue in Year of Ox2021-02-18
Adequate liquidity, a positive outlook on the performance of public companies and continued economic recovery will help the A-share market to maintain a bullish trend in the Year of the Ox, experts said.
HKEX interim chief executive predicts bullish IPO market in Year of the Ox2021-02-17
With the market soaring to an over-30-month high on Tuesday, Calvin Tai Chi Kin, interim chief executive of Hong Kong Exchanges and Clearing Limited (HKEX), expressed optimism that the fund-raising through initial public offerings (IPOs) will continue to be robust this year.
China's domestic ETF market rises 58 pct in 2020: Shenzhen Stock Exchange2021-02-17
Domestic exchange-traded funds (ETFs) have developed rapidly in China in 2020, with their value climbing 57.68 percent year on year, said the Shenzhen Stock Exchange in a research report.
Chinese yuan's real EER strengthens for 6 months: BIS2021-02-15
The real effective exchange rate (EER) of the Chinese yuan has strengthened for six consecutive months up to December 2020, latest data from the Bank for International Settlement (BIS) showed.
Chinese shares close higher, finish Year of Rat on upbeat note2021-02-11
Chinese stocks closed higher Wednesday with the benchmark Shanghai Composite Index up 1.43 percent, at 3,655.09 points, wrapping up the lunar year on an upbeat note.
Chinese cloud communication provider Cloopen Group Holding debuts on NYSE, shares jump2021-02-10
Cloopen Group Holding, a leading multi-capability cloud-based communications solution provider in China, started trading on the New York Stock Exchange Tuesday, with the shares skyrocketing on its initial public offering (IPO) day.
Solid offshore bond issuances likely this year2021-02-09
China will see strong issuance of offshore bonds this year, although investors may continue to see sporadic bond defaults, which will not affect sound development of the overall market, said Citigroup.
Digital currency issued to boost Spring Festival consumption2021-02-08
Several Chinese cities are using digital renminbi (RMB) to boost consumption during the upcoming Spring Festival and promote the use of the new form of currency.
Turnover of China's "new third board" tops 13 bln yuan2021-02-07
China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board," has seen a turnover of 13.26 billion yuan (about 2.05 billion U.S. dollars) so far this year.
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