The Shanghai Composite Index has been moving in the range of 2,800 and 3,200 points over the last three weeks. The market would turn south every time it rebounded close to 3,200 points, which has beco ...More
EJ Insight2015-09-19
Zhou Xiaochuan, the head of the People's Bank of China, said at a G-20 gathering that the renminbi has stabilized after the recent sharp devaluation, and that the correction in the nation's stock mark ...More
EJ Insight2015-09-07
The “national team” has been supporting the Shanghai market. So the mainland stock market has almost stabilized, but it still lacks a catalyst for an upward move. China's widely watched military para ...More
EJ Insight2015-09-04
Beijing has been busy trying to maintain market order since the turmoil began in July, focusing on heavyweight stocks. However, it seems that the “national team” decided to stay away despite the marke ...More
EJ Insight2015-08-26
China’s A shares have not been spared from a global sell-off. The Shanghai Composite Index has lost 11.54 percent since last week after state-owned stocks ran out of steam. Over the weekend, Beijing ...More
EJ Insight2015-08-24
People have descended on hundreds of cartons of expired frozen ham and cheese abandoned at a refuse collection point in Yuen Long and on a roadside in Kwai Chung. A post on a Facebook page alerted loc ...More
EJ Insight2015-08-24
... d further hamper Beijing’s efforts to restore market confidence. The market posted a steady recovery for two weeks after the “national team” intervened in early July. However, rumors that it would exi ...More
EJ Insight2015-08-19
The People’s Bank of China held a press conference to calm investors following the devaluation of the renminbi. The central bank stressed that it was not embarking on a steady devaluation of the curre ...More
EJ Insight2015-08-14
The State Council mentioned last month creating a mechanism that will allow free cross-border flows of the renminbi and widening its daily trading band among measures for stabilizing exports. The Chin ...More
EJ Insight2015-08-12
Chinese stocks gained 2.2 percent last week amid hopes that a group of state-owned financial institutions -- the so-called national team -- will step up support for domestic equities. After disappoint ...More
EJ Insight2015-08-10
China’s so-called “national team” has spent up to 900 billion yuan (US$145 billion) in its recent market rescue effort. That's 1.6 percent of the stock market capitalization and 2.2 percent of the fre ...More
EJ Insight2015-08-07
To stabilize the stock market, the Shanghai and Shenzhen stock exchanges have revised their rules to further restrict short selling of stocks. Investors who borrow shares to sell them short must now ...More
EJ Insight2015-08-05
Beijing has been actively intervening in the market in light of fragile investor sentiment and substantial selling pressure. However, the tactic won’t work in the long run. PetroChina's (00857.HK, 601 ...More
EJ Insight2015-07-29
Many foreign investors have criticized Beijing’s intervention measures to stem the stock market slide. However, it’s quite normal in China for the government to intervene in market operations. Fund ma ...More
EJ Insight2015-07-21
China’s three growth engines -- investment, consumption and exports -- are showing signs of slowing growth. However, the financial industry expanded 17.4 percent in the first half, more than double t ...More
EJ Insight2015-07-17
After three days of rallies, China's stock market is running out of steam again. On Tuesday, the Shanghai Composite Index was down nearly 3 percent at one point. Heavyweight stocks recovered near the ...More
EJ Insight2015-07-15
The Shanghai and Shenzhen markets lost nearly 21 trillion yuan (US$3.38 trillion) in value during the 15 trading days between June 15 and July 6. Of the 2,469 stocks that traded during the period, 2,3 ...More
EJ Insight2015-07-13
China's A-share market is down about 35 percent from its recent peak, despite a 5.76 percent gain on Thursday. The rebound yesterday came amid weaker turnover. Investors who suffered heavy losses are ...More
EJ Insight2015-07-11
Global markets have tumbled recently and A shares also have taken a nosedive despite the limited participation of foreign investors. The Shanghai Composite Index has slumped more than 20 percent after ...More
EJ Insight2015-06-30
