Technology stocks suffered a massive sell-off on Thursday. They included stocks related to media, entertainment, e-commerce, electronic payment and information security. Financial software firm Hundsu ...More
EJ Insight2015-06-26
The Shanghai Composite Index was close to 4,300 points on Tuesday before it returned to its mid-May level. That means the market lost 900 points it gained between mid-May and mid-June in just six trad ...More
EJ Insight2015-06-24
Bank of Communications (BoComm; 03328.HK, 601328.CN) has become China's first state-owned lender to kick off a long-awaited ownership reform in the sector. The bank said the reform plan, which has bee ...More
EJ Insight2015-06-18
Chinese authorities have managed to utilize the market expectation for policy and economic growth outlook and enabled a bull run in the stock market in the last few months. Macro-economic data present ...More
EJ Insight2015-06-16
The Shanghai Composite Index rebounded quickly Thursday after losing over 5 percent in intraday trading. It closed with a 0.76 percent gain at 4,947 points. The rise was mainly underpinned by the fin ...More
EJ Insight2015-06-05
Central Huijin Investment Ltd., a Chinese state-owned investment firm, offloaded 300 million A shares of Industrial & Commercial Bank of China Ltd. at an average price of 5.43 yuan each and 280 mi ...More
EJ Insight2015-05-29
Chinese Premier Li Keqiang said he is confident the country will be able to meet its economic growth target of around 7 percent this year despite substantial downward pressure. The remarks were intend ...More
EJ Insight2015-05-27
The mainland stock market has undergone a correction recently, as the financial sector has been dragged down by sluggish economic growth. However, new reform measures have become the source of specul ...More
EJ Insight2015-05-19
The mainland market rebounded 2.28 percent on May 8 after posting a three-day decline last week. The Shanghai Composite Index fell 5.31 percent last week, ending a rally for eight straight weeks. The ...More
EJ Insight2015-05-11
China’s A-share market appears to have run out of steam in recent days, after the Shanghai Composite Index touched a seven-year high of 4,572 points and the market turnover surpassed 1 trillion yuan ( ...More
EJ Insight2015-05-06
Listed firms usually issue statements to clarify rumors or other matters following steep share price falls. Thus, it was quite out of the ordinary to see Sinopec Shanghai Petrochemical Co. (600688.CN) ...More
EJ Insight2015-04-30
... rched Kai Ham Tsuen, where the gang was believed to have hidden. But in Pak Fa Lam in Kowloon Peak, police found two empty suitcases. The gang broke into a mansion on Clear Water Bay Road Saturday nig ...More
EJ Insight2015-04-30
Rumors have been swirling around the mainland stock market, creating an excuse to speculate. The State-owned Assets Supervision and Administration Commission (SASAC) has denied reports about a merger ...More
EJ Insight2015-04-29
The stock market has been flooded with liquidity recently, and this has driven the prices of some stocks sky high. The China Securities Regulatory Commission (CSRC) on Thursday approved the IPO applic ...More
EJ Insight2015-04-24
While mainland stocks remain strong, their Hong Kong counterparts have witnessed a correction. On Tuesday, the Shanghai Composite Index rose 0.43 percent to close at 4,135 points. Infrastructure, ceme ...More
EJ Insight2015-04-15
The Hang Seng Index has hit a seven-year high after Chinese authorities relaxed rules for mainland institutional investors to access H shares. Foreign investors have opted to take profit and stay away ...More
EJ Insight2015-04-09
The Shanghai Composite Index gained 2 percent last week after a 7 percent rise the previous week. The rally came as the Boao Forum, which opened on March 28, reignited market hype for the "One Belt On ...More
EJ Insight2015-03-30
China’s equity market has been mainly driven by policy rather than company fundamentals. Premier Li Keqiang recently laid out the future policy direction while the central government and local authori ...More
EJ Insight2015-03-23
... ations in Ham Tin village near Tai Long Sai Wan, one of the four beaches of Tai Long Wan in Sai Kung, Apple Daily reported. Although he and family members have moved to the urban area many years ago i ...More
EJ Insight2015-03-23
Policy incentives outlined during China's annual "two sessions" have fed speculative interest in the market in the last two weeks. In particular, the financial sector has become the biggest beneficiar ...More
EJ Insight2015-03-16