Asia's very first exchange-traded fund (ETF) tracking shares listed in Saudi Arabia debuted in Hong Kong on Wednesday, marking another step for the financial hub to deepen ties with the Middle East.
Huijin's ETF buys elevate China stocks2023-10-25
Central Huijin Investment Ltd, an arm of China Investment Corp, the nation's sovereign wealth fund, has increased its holdings of Chinese equities for the second time in half a month, helping the A-share market to end Tuesday on an upbeat note.
Buybacks, fund infusions lift equities2023-10-18
The stock buyback and increased holding plans announced on Monday by some listed State-owned enterprises and industry giants will inject more confidence into the A-share market, buoying its performance, experts said on Tuesday.
Significant advances expected for e-CNY payments2023-10-13
Cross-border payments in the digital yuan, or e-CNY, are likely to make breakthroughs soon as good progress has been made in developing two e-CNY cross-border payment solutions, perhaps the first of their kind, according to executives close to the matter.
Analysts: A-share market may rally after 10-day break2023-10-07
China's A-share market may stage a rally following the 10-day-long holiday closure as increasing data points to an uptick in economic momentum amid rebounding consumer spending, analysts said on Friday.
SME index rises on back of policy support2023-09-12
China's small and medium-sized enterprise development index edged up 0.1 point to 89.4 in August, reflecting continued recovery momentum in the sector thanks to strengthening policy support for the private economy and investment.
Middle East ups play in China shares2023-09-12
Sovereign funds in the Middle East have increased their investments in Chinese stocks as the region's appetite for renminbi-denominated assets grows amid its reducing reliance on the US dollar, experts said.
Foreign funds increase as prospects brighten2023-09-10
The number of wholly foreign-owned mutual funds in China has more than doubled to nine this year, suggesting the world's second-largest asset management market continues to be a preferred destination of global asset managers, industry experts said on Friday.
Earnings of Chinese listed firms show warming consumption2023-09-07
A bevy of China's listed firms in catering, retail, entertainment and other sectors have reported earnings and profit growth during the second quarter or the first half of this year, reflecting increasing demand and stronger recovery in consumer spending.