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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)2016-11-04 07:06

    Chinese stocks rose as industrial companies jumped on prospects the government will boost spending on railways to bridges, while optimism the start of a Shenzhen-Hong Kong exchange link is imminent lifted brokerages. The Shanghai Composite Index climbed 0.8 percent at the close. A gauge of industria...

  • By Bloomberg(China Daily)2016-11-02 07:27

    Chinese stocks in Hong Kong gained the most since Oct 24 after two manufacturing readings jumped to two-year highs, boosting the outlook for the world's second-biggest economy. The Hang Seng China Enterprises Index closed 1.5 percent higher. China Shenhua Energy Co rallied the most in eight months, ...

  • By Wang Yanfei(China Daily)2016-10-12 07:29

    Market-based reform could transform State-owned enterprises Chinese stocks advanced to a one-month high on Tuesday after the nation's top economic regulators announced the debt-to-equity swaps program to resolve the nation's rising corporate debt issues. The nation's top authorities released guideli...

  • By Bloomberg(China Daily)2016-09-07 07:27

    Chinese shares rose in afternoon trading, with consumer and industrial stocks leading the advance, amid speculation that State-run funds intervened in both the equity and currency markets. The Shanghai Composite Index climbed 0.6 percent, the most in three weeks, after declining toward the 3,000 mar...

  • By Bloomberg(China Daily)2016-09-05 08:45

    A net $604 million has flowed in via an RQFII program in the January-July period Revived appetite for emerging market stocks and bonds is starting to include China - and even its currency yuan renminbi. The China Asset Management Company has seen more inflows into equity funds that invest offshore y...

  • 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...

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