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China stock market
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Some officials in the Chinese government are so desperate to get their desired narrative across that they have started to disregard basic principles, an approach which may carry a high cost in the long run.

  • Chinese local government entities were cornerstone investors in a third of Hong Kong IPOs between January 2023 and March 2024 as private funds stayed away
  • Too much state-linked involvement is frowned upon by investors as it could distort supply and demand and weaken market discipline

Investigation into Yao Qian, who serves as the director of the department of technology supervision at the China Securities Regulatory Commission, comes amid an uptick in market reforms.

Guolian Securities plans to buy a 95.48 per cent stake in unlisted Minsheng Securities, in an acquisition that is expected to make it a top-20 brokerage.

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Hong Kong stocks rose and completed its best weekly performance since October 2011 as positive earnings from top-tier Chinese companies and supportive policy measures boosted investor confidence

Global investors turn constructive on Chinese stocks after a series of stock market reforms aimed at strengthening scrutiny and boosting returns to shareholders.

Hong Kong stocks rise on optimism that the appetite for Chinese assets is returning as Beijing pledges support to markets and signs of an earnings recovery emerges.

Goldman says Chinese stocks may rise 40 per cent amid ‘more conducive trading environment’ in near term, while UBS raises ratings on Chinese and Hong Kong stocks to overweight.

Chabaidao’s stock ended the day 27 per cent lower after slumping as much as 38 per cent. It raised about HK$2.6 billion (US$331.7 million) from the sale of 147.8 million shares at HK$17.50 each.

Role of fund managers will be strengthened as cost of rule violations increases ‘substantially’, a lawyer says, while Goldman Sachs predicts higher ‘quality premium for large-cap stable growers’.

Hong Kong stocks climbed most in three weeks as investors ramped up their buying on expectations that a slew of supportive measures from the Chinese securities watchdog will aid sentiment.

‘There is an increasing demand for diversification from domestic Chinese customers,’ says Joseph Pinto, CEO of London-based money manager M&G Investments.

CSRC’s new chief Wu Qing has sought to improve corporate governance and close deep valuation discounts in a bid to revive investors’ faith in China’s US$9 trillion stock market and these bold moves have met with some early success.

China’s capital market regulators have announced a package of measures to boost liquidity, attract international investors and enhance competitiveness between the mainland and Hong Kong.

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Hong Kong stocks fell on Friday as investors were rattled by reports of Israeli missiles hitting Iran, with the heightened Middle East tensions triggering a scramble for safe haven assets.

Hong Kong stocks gains were driven by insurance, banks and casino stocks with some investors saying conditions are right for a substantial rally in Chinese shares.

The erratic performance of Chinese stocks is not giving investors the confidence to commit their funds for the long haul, so some are betting on proxies outside the country, according to top wealth managers.

While worries about Chinese consumers and government debt are making investors cautious, attractive investment opportunities exist, according to asset managers from Pimco and Amundi at a summit in Hong Kong.

Country Garden is pushing back some onshore bond payments to later dates despite a round of extensions last year, underscoring the financial stress at the Chinese property developer.

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Asia looks ready to turn a corner in quarterly earnings growth this results season. Here are five key themes to watch as the report cards roll in over the next few weeks.

The cutbacks, described by people familiar with the matter, come as a prolonged market slump reduces trading commissions and authorities tighten limits around what research analysts are allowed to publish.

Hang Seng Index hovers near a five-week low after comments by Fed chairman Jerome Powell, who said it could take ‘longer than expected’ to get inflation back on target.

Hong Kong stocks struck five week lows as consensus-beating GDP data reduced expectations of a rate cut in China, while weak retail, industrial and property data weighed on sentiment.

Geopolitics is the biggest uncertainty and foreign interest in Chinese assets will depend on the direction of Beijing’s next set of policies, according to executives at the Harvard College China Forum.

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Hong Kong stocks declined to three week-lows as rising geopolitical tensions dealt a further setback to investor sentiment, already jittery ahead of a batch of economic data due to be released during the week.

A document published by the nation’s cabinet on Friday promises to promote the ‘high-quality’ development of China’s capital market by strengthening supervision and guarding against risks.

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