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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)2016-08-16 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 ...

  • (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 ...

  • By Meng Jing(China Daily)2016-07-27 08:08

    The loading homepage of iQiyi is displayed on a smartphone. [Photo/IC]Baidu Inc may have to keep pumping money into its video-streaming operation for the foreseeable future following the withdrawal of a proposed buyout plan that could have made the cash-burning division a standalone business.A conso...

  • (China Daily)2016-07-18 10:25

    The Shanghai Futures Exchange has vowed it won't tolerate any abuse of trading rules after the unprecedented boom-bust episode in Chinese commodities markets earlier this year, adding that its products aren't for mom and pop investors."Futures isn't a mass market but a professional one," the nation'...

  • By Bloomberg(China Daily)2016-07-18 09:30

    The Shanghai Futures Exchange has vowed it won't tolerate any abuse of trading rules after the unprecedented boom-bust episode in Chinese commodities markets earlier this year, adding that its products aren't for mom and pop investors. "Futures isn't a mass market but a professional one," the nation...

  • (Xinhua)2016-07-18 07:12

    BEIJING - Lock-up shares worth about 21 billion yuan ($3.15 billion) will become eligible for trade on the Shanghai and Shenzhen bourses in the coming week. The value will be slightly lower than the previous week's 24 billion yuan, according to brokerage Southwest Securities. The lion's share of the...

  • By Bloomberg(China Daily)2016-07-15 08:28

    Chinese stocks retreated from a three-month high, with materials and energy companies leading the drop, amid signs that recent gains by the market were excessive. The Shanghai Composite Index fell 0.2 percent, halting a three-day advance, after trade data signaled sluggish consumer demand in the wor...

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