China Market Update: Like A Good Neighbor, Chinese Insurance Companies Are There To Buy Stocks
Asian equities ended the week on a high note, as Mainland China and Hong Kong outperformed and the Philippines underperformed.
China Pushes Insurers to Invest Billions in Latest Move to Support Market
Authorities will in the first half of this year call on insurers to invest at least 100 billion yuan ($13.75 billion) of long-term funds into stocks, China Securities Regulatory Commission head Wu Qing said at a press conference.
China moves to boost languishing markets by ordering funds to invest more in shares
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets
China Market Update: Are China Stocks A Trump Trade?
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
China Ramps Up Support for Its Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
China Guides Mutual Funds, Insurers to Invest More in Stocks
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.
China pushes insurers to buy stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companies
Analysis-Dividend surge signals culture shift in China's markets
New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their ...
Hong Kong developer New World claims ‘business as usual’ amid default rumours
Residential sales in Hong Kong continue to improve, and mainland China sales are on track, embattled company says.
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Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically ...
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Yum China Stock Rises On Upgrade: Retail’s Not Convinced
Shares of Yum China Holdings Inc. (YUMC) rose more than 3% on Friday after the fast food restaurant operator in China ...
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Hong Kong unveils 10 most significant govt policies in 2024
HONG KONG -- The historic legislation for Basic Law Article 23, aimed at safeguarding national security and ensuring Hong Kong's stability and development, has topped a list of the ten most ...
Henlius Biotech shareholders reject take-private offer from China's Fosun
Hong Kong shareholders of Shanghai Henlius Biotech on Wednesday rejected Chinese conglomerate Fosun International's buyout ...
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InnoCare, Keymed sell ex-China rights for bispecific to RTW-built biotech in $520M deal
U.S.-based Prolium Biosciences has now agreed to pay InnoCare and Keymed $17.5 million in upfront and near-term payments to ...
Stock market today: World shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
World shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate ...
Chinese electronics recycler GEM plans Hong Kong share listing
Specialist in recycling batteries, electronic waste, scrapped cars and waste plastics seeks funds to speed global expansion GEM, a Shenzhen-listed recycler of electronic and industrial waste, is ...