An electronic ticker displays the figures for the CSI 300 Index, top, and the SZSME on a footbridge in Pudong’s Lujiazui Financial District in Shanghai. Photographer: Qilai Shen/Bloomberg (Bloomberg) — Chinese investors are putting their faith in the government to engineer a slow and steady rise in share prices, betting that previous periods of boom…
A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold – though experts advise caution. Beijing launched a regulatory blitz on the industry in 2020 that triggered a…
Hong Kong is a front-runner in a push by Asian governments to become cryptocurrency hubs (Peter PARKS) Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US President Donald Trump….
Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock market as a source of funding to support their global ambitions. The market watchdog and the bourse operator would unveil proposed revisions later this year, aiming to lower the fundraising threshold, optimise market structure and…
China’s financial regulators are channelling pension and insurance funds into the nation’s equities to establish medium and long-term holdings and stabilise Asia’s largest capital market. Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into yuan-denominated A shares, said Wu Qing, the chairman of the…
Hong Kong has long been aware of its potential to be a widely recognised medical hub, largely on the strength of an internationally respected healthcare system. But the focus, rightly, has remained on a local population heavily dependent on a public health sector. Medical tourism has never really got off the ground. Meanwhile, the city…