China Manufacturing Activity Contracts Hits 3-Year Low
China’s manufacturing activity contracted for the sixth straight month in January, signalling persistent weakness, official data showed on Monday.
Shanghai Composite Index
50 Brokerages Inject US$16b To Support Shaky Market
Fifty Chinese brokerages have vowed to pledge a total of 100 billion yuan ($15.7 billion) to back up stock purchases, as regulators move to further prop up the shaking market, reported Securities Times.
China’s Economy Is Growing, So Why Are Markets Struggling?
This week, China (FXI, quote) released data showing that the nation’s economic growth was steady at 7 percent in the second quarter, surprising analysts who were expecting the figures to be weaker.
China Asks Central SOEs To Hold Shares
China’s state asset regulator ordered the country’s centrally administered state-owned enterprises (SOEs) not to sell shares of their listed companies amid “abnormal market volatility” in an effort to stem massive stock market sell-offs.
An Historic Day In China Equities Today
An historical day in China and Hong Kong as trading link program was initiated today between the two countries that allow investors to trade on both exchanges.
Shanghai Index plunges on slowdown concerns
China’s benchmark Shanghai Composite Index plunged heavily on Monday after weak economic data triggered concerns over further economic growth slowdowns.