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Insurance, brokerage services lead strong rally in the Shanghai and Shenzhen stock markets on Nov 18, 2013, driven by the promise of broad reforms announced on Nov 15 by China's top leadership. Shareholders believe the reform program will trigger a new wave of restructuring in State-owned enterprises, generating new opportunities for financial services.
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  • By Bloomberg(China Daily)2016-09-02 09:05

    Chinese mainland stocks in Hong Kong rose on Thursday, led by financial companies, as improving manufacturing data boosted confidence in the nation's economy. Macao casino operators climbed after gambling revenue in the city increased. The Hang Seng China Enterprises Index gained 0.7 percent at the ...

  • (China Daily)2016-08-29 08:45

    Traders work on the floor of the New York Stock Exchange on Aug 23. New York-based company Direxion lnvestments last year launched an exchange-traded fund or ETF that profited by shortselling Chinese stocks. [Photo/Agencies]As growth outlook brightens, assets of Direxion shrink to $90m from $403m in...

  • By Cai Xiao(China Daily)2016-08-26 08:40

    Concerns grow over Federal Reserve's next move on interest rates Chinese stocks fell on Thursday on concerns that the central bank would tighten liquidity and on hints that the US Federal Reserve will hike US interest rates soon. The Shanghai Composite Index closed the day with a 0.57 percent drop t...

  • By Bloomberg(China Daily)2016-08-23 07:33

    Chinese stocks dropped the most in three weeks on Monday, led by industrial companies and small-cap shares, amid concerns that a weaker yuan will limit prospects for further stimulus and that State-backed funds will sell shares. The Shanghai Composite Index declined 0.75 percent at the close. Beijin...

  • By Cai Xiao(China Daily)2016-08-16 07:48

    Chinese stocks climbed to a seven-month high on Monday amid optimism about the upcoming Shenzhen-Hong Kong Stock Connect and speculation about property merger and acquisition activity. The Shanghai Composite Index surged by as much as 2.44 percent, closing at 3,125.2 points, led by financial compani...

  • By Bloomberg(China Daily)2016-08-16 07:48

    Weibo Corp stock price has more than doubled this year as steady user growth and an improved sales outlook have lured investors to Chinese social media. But, short sellers are becoming increasingly convinced the stock has peaked. Bearish bets on Weibo, China's answer to Twitter Inc, are at the highe...

  • (Xinhua)2016-08-02 18:42

    BEIJING -- Chinese stocks closed higher Tuesday, led by gains related to transportation, quantum communication and real estate.The benchmark Shanghai Composite Index went up 0.61 percent to close at 2,971.28 points. The Shenzhen index closed 0.64 percent higher at 10,250.55 points.Combined turnover ...

  • By Bloomberg(China Daily)2016-08-02 08:00

    Chinese mainland stocks listed in Hong Kong rallied the most in three weeks after a private manufacturing index unexpectedly jumped to the highest level since February last year. The Hang Seng China Enterprises Index closed up 1.9 percent, its biggest advance since July 11, with China Longyuan Power...

  • (Xinhua)2016-08-01 18:38

    BEIJING -- Chinese shares extended losses on Monday as market sentiment was dampened by new official data showing contraction in the country's manufacturing sector.The benchmark Shanghai Composite Index lost 0.87 percent to close at 2,953.39 points, nearing a one-month low.The smaller Shenzhen index...

  • By Cai Xiao(China Daily)2016-07-30 09:45

    [Photo/VCG]Regulator says underwriter failed duty to examine Xintai's books sufficientlyChina's securities regulator on Friday issued an administrative penalty and levied heavy fines against mid-sized brokerage Industrial Securities Co, for negligence of its duties in relation to its client Dandong ...

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