China's soaring stock market dived 7.7% Monday, the worst collapse in six years, the Wall Street Journal reported. The selling panic came after regulators disciplined three major brokers for violating ...More
EJ Insight2015-01-20
China's Social Security Fund is missing out on investment opportunities as some state-owned companies are raising money through private placements, bypassing the national pension fund. Citic Securitie ...More
EJ Insight2015-01-15
Shanghai's main stock index could hit the 3,500-points mark within the first quarter of 2015 as the Chinese central bank has joined global peers in injecting more liquidity into the system, helping of ...More
EJ Insight2014-12-30
It's rare to read the financial headlines these days without seeing a story about the massive rally in Chinese brokerage stocks, which is being fueled by several factors. The brokerages themselves hav ...More
EJ Insight2014-12-30
China's central bank will adjust rules for calculating bank deposits starting next year to boost lending. Several joint-stock commercial banks said they have received a central bank circular regarding ...More
EJ Insight2014-12-29
Haitong Securities Co. Ltd. (06837.HK), China’s second-largest securities firm by assets, is raising HK$29.9 billion (US$3.9 billion) in a Hong Kong private placement, the Financial Times reported. Ot ...More
EJ Insight2014-12-23
Shanghai has benefited much from the stock through-train program that marked its one-month anniversary on Wednesday. China's capital market has so far drawn 67.8 billion yuan (US$10.94 billion) of fu ...More
EJ Insight2014-12-18
Bottom line: The latest M&A in China's brokerage sector involving Essence Securities could presage a new wave of tie-ups between Chinese and foreign brokerages, boosted by the Hong Kong-Shanghai s ...More
EJ Insight2014-11-18
Hong Kong's next batch of multi-millionaires are about to be minted thanks to a record Mark Six jackpot (HK$150 million) this weekend and a whopping 3T prize money (HK$30 million) as the horse racing ...More
EJ Insight2014-09-12
Several fund managers at HFT Investment Management Co. Ltd. have resigned since late last year amid rumors that regulators have launched a crackdown on rogue trading in the industry, mainland financia ...More
EJ Insight2014-05-09
Hong Kong's benchmark Hang Seng Index (HSI) seesawed between loss and gain before closing almost unchanged as the market digested news of a cross-border stock trading link. The HSI ended 35 points or ...More
EJ Insight2014-04-14
Haitong Securities Co. Ltd. (06837.HK, 600837.CN) has reaped 280 million yuan (US$46.1 million) in underwriting fees from seven private placement jobs so far this year, China Securities Times reported ...More
EJ Insight2014-02-19
Brick-and-mortar department stores have been the big losers to online shopping but they're not giving up just yet. Some are hoping online-to-offline promotions will stabilize some of the shifting cons ...More
EJ Insight2014-02-17
The China Securities Regulatory Commission (CSRC) has begun checks on the IPO pricing process of some listing candidates in line with the tightened supervisory regime that was outlined last Sunday, th ...More
EJ Insight2014-01-16
Haitong International Securities Group Ltd. (00665.HK) expects 2014 to be another big year for the tech sector, if not busier than the previous bumper 12 months. The flagship offshore arm of China's N ...More
EJ Insight2013-12-30
Haitong Securities Co. Ltd. (06837.HK, 600837.CN) said in a regulatory filing Thursday that its net profit for November stood at 86.39 million yuan (US$14.19 million), down 45.47 percent compared to t ...More
EJ Insight2013-12-06
Hong Kong and mainland equities rallied Friday after US stock markets hit record intraday highs overnight. The benchmark Hang Seng Index surged 1.7 percent to 23,032 points and the Hang Seng China Ent ...More
EJ Insight2013-11-15
Haitong Securities Co. Ltd. (06837.HK, 600837.CN) on Monday denied media reports that it suffered heavy losses in its bond investments. In a regulatory filing, the company also said it has abundant ca ...More
EJ Insight2013-11-11
More companies in China will lose their investment-grade ratings following a record number of credit outlook downgrades, Bloomberg News reported on Tuesday, citing an analyst with Haitong Securities C ...More
EJ Insight2013-10-29