The deteriorating outlook on the mainland sent Japan's Nikkei 225 stock average slumping 7.3 per cent, registering the deepest loss since the 2011 earthquake and tsunami. The Hang Seng Index dropped 2.54 per cent to 22,669.68, its biggest slide in seven weeks. The Shanghai Composite Index fell 1.16 per cent while Australia's S&P/ASX 200 Index dropped 1.99 per cent.Friday, 24 May, 2013, 3:47am
For 10 years, a yawning chasm has existed between the performance of the mainland's stock market and that of its economy, says a veteran China expert, who likens the market to a casino - with all the risk that that entails for foreign investors.21 May 2013 - 5:09am
China Life Insurance, the mainland's biggest insurer, said profit slumped for a second consecutive year, with net income falling 40 per cent to 11.06 billion yuan (HK$13.68 billion), or 0.39 yuan a share.28 Mar 2013 - 6:31am
The mainland's A shares are still among the most attractive in Asia-Pacific even after a strong rebound over the past three months, given their low valuations and big re-rating potential following key political conferences next month, according to Allianz Global Investors.21 Feb 2013 - 6:07am
The Shanghai Composite Index declined 10.84 points, or 0.45 per cent, to 2,421.56 yesterday, the first trading day since February 8.19 Feb 2013 - 5:10am
The mainland stock market, which closed at its highest level in eight months yesterday, has turned bullish after three years of lacklustre performance, analysts said.
However, retail investors, who tend to lag behind institutions in sniffing out investment opportunities, are still in a wait-and-see mode, hesitant to increase equity holdings amid fears of an imminent correction.30 Jan 2013 - 4:40am
The fundraising plans of Industrial and Commercial Bank of China (ICBC) cooled enthusiasm in the mainland stock market yesterday, as investors fretted about further capital raisings by lenders.17 Jan 2013 - 4:19am
Mainland stocks rose to a six-month high yesterday after the market regulator said it would lift the quota for overseas investors investing in A shares by 10 times.
The Shanghai Composite Index rose 3.06 per cent to 2,311.74 points, the highest close since June last year. In Hong Kong, the H-share index gained 1.36 per cent.15 Jan 2013 - 4:15am
The Shanghai Composite Index yesterday hit its highest level since June, led by health care and financial firms, on speculation that a rebounding mainland economy will help end a three-year bear market.8 Jan 2013 - 4:21am
Mainland stocks yesterday failed to chalk up handsome gains on their first trading day of 2013, dampening investors' hopes that shares would follow a rally on overseas bourses which occurred during the three-day break on the local market.5 Jan 2013 - 3:13am