Stock market action from around the world, with a focus on Hong Kong, China and the rest of Asia.
After Monday's massive plunge in Shanghai, Chinese equities saw more volatility in Tuesday trade even with a large additional liquidity injection from the central bank. (Photo: AFP)
Barings’ analysis shows emerging market assets returning 25pc less to investors over the next decade.
SCMP headline, July 1622 Jul 2015 - 12:30pm 1 comment
China’s economy beat expectations of below 7 percent growth in the second quarter as better June data shows signs of a rebound despite the recent stock market rout. (Photo: AFP)
China's heavy-handed approach to its stock market troubles has given Hong Kong a fresh financial boost as some start to question how Beijing handles a crisis. (Photo: Xinhua)
The steep correction in the market prompted a surge in director buying last week, with 124 companies that recorded 703 purchases worth HK$2.26 billion. The figures were sharply up from the previous week's four-day totals of 40 firms, 161 purchases and HK$339 million.13 Jul 2015 - 7:14am
China gives an indication on the pace of growth for the second quarter of 2015, while India reports trade and the Bank of Japan announces its latest rates decision.(Photo: Xinhua)
Global stocks broke their losing streak Thursday as China rebounded and hopes of an improvement in the Greek debt crisis lifted stocks. (Photo: EPA)
Stocks closed sharply lower as markets turned their attention to China, eclipsing the focus on Greece. Trading was halted for much of the day on the NYSE, but continued on other exchanges. (Photo: Reuters)
The plunge in Chinese stocks and suspension of new share listings could hurt $32 billion worth of "take-private" deals in the U.S., M&A experts said. (Photo: Reuters)
Mainland China stocks bounced back moderately on Monday, ending the Shanghai Composite index’s three-week losing streak, after 21 Chinese brokerages over the weekend pledged billions of dollars to form a 120 billion yuan (HK$150 billion) stock rescue fund.6 Jul 2015 - 6:24pm 1 comment
Despite reassurances by regulators that margin debt in China’s stock markets remains manageable, total leverage could be as much as US$645 billion - magnifying risks not just for retail investors, but also the thinly stretched corporate sector.1 Jul 2015 - 8:22am
China’s interest rate cut over the weekend after the second Friday in a row for stocks, didn’t help calm nerves and investors had one of most volatile trading sessions ever. (Photo: Xinhua)
Shanghai and Shenzhen markets fell the most in six weeks due to regulatory concerns while Hong Kong also hit a weekly low on Friday morning in step with weak overseas market sentiment on worries over the Greek debt crisis.26 Jun 2015 - 12:52pm 1 comment
A weaker close in mainland Chinese markets amid new listings had little impact in Hong Kong where the government's failure to pass an electoral reform package barely registered in stock movements.
Strong selling in the afternoon on Thursday saw the Shanghai Composite Index finish 3.67 per cent lower at 4,785.36 points.18 Jun 2015 - 11:35pm
Hong Kong stocks bounced backed from a two-month low on bargain hunting on Wednesday, though low turnover suggested some investors were still waiting on the sidelines.18 Jun 2015 - 1:18pm 1 comment