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China stocks rose on Monday morning to new two-year highs, helped by gains in the defensive consumer and healthcare firms as well as a boost from tech shares. (1-0)
Shares of China Jinmao Holdings Group, a property unit of Sinochem Group, sank on Monday after it announced plans to raise HK$3.33 billion (US$425 million) from placing 900 million shares at a discount towards working capital. (3-0)
China shares rose early Wednesday, led by banking and consumer stocks, and were on track to climb for a ninth straight session.
China shares on Tuesday were trying to extend a rally to an eighth straight day and were up at midday, helped by gains for consumer and healthcare firms. At 04:03 GMT, the Shanghai Composite index was up 2.76 points or 0.08 per cent at 3,412.24.
Hong Kong's benchmark stock index rose for a 10th session in a row on Monday, aided by bullish sentiment in global equity markets, and inbound investment from the mainland. Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetite. (1-0)
China’s main share indexes rose on Monday morning and were on track to climb for a seventh straight session, boosted by robust gains for real estate firms as major developers reported stellar 2017 sales. The indexes were at their highest in six weeks.
Zurich Insurance eyes return to China’s life insurance market and is now in talks to find a joint venture partner in the country
HONG KONG: Hong Kong stocks rose for a ninth straight session on Friday, aided by strong gains by real estate firms, and the benchmark Hang Seng Index closed at a 10-year high. Chinese appetite for Hong Kong equities, ample cash supply and optimism over share reforms could propel the city's benchmark stock index up as much as 15 percent this year, after an already bullish run in 2017, fund managers and analysts say.
Hong Kong shares closed lower on Monday, as investors largely shrugged off data showing profits at China's industrial firms continued to grow at a robust pace last month despite a slight cooling from a sizzling September.
Hong Kong stocks ended on Thursday sharply lower, with the benchmark Hang Seng falling back below the 30,000 point mark after the previous session's breakthrough, as a tumble in mainland stocks soured the sentiment. (1-0)
Chinese shares tumbled on Thursday with the blue-chip index suffering its worst fall in nearly 1-1/2 years as worries about a sell-off in the bond market bled into equities.
REUTERS - China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world’s second-biggest economy seeks to position itself as a major global finance hub. (52-0)
BEIJING (Reuters) - Beijing’s landmark move to ease or remove limits on foreign ownership in China’s financial sector will likely stoke acquisition interest in smaller banks, Fitch Ratings said.
Beijing's landmark move to ease or remove limits on foreign ownership in China's financial sector will likely stoke acquisition interest in smaller banks, Fitch Ratings said.