Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.
Zhang Shidong
Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.

Latest from Zhang Shidong

China’s stock benchmark slips but is flirting with 9 month high

Big shareholders of mainland-traded companies have been cashing in on the huge run-up in Chinese shares this year.

3 hours ago
China’s stock benchmark slips but is flirting with 9 month high

Big shareholders of mainland-traded companies have been cashing in on the huge run-up in Chinese shares this year.

Hong Kong, China stocks rise as Shanghai tech board kick-off signals further capital market liberalisation

Equities rose in Hong Kong and China on Monday, as investors await the introduction of a bidding process that will allow technology start-ups to raise capital in Shanghai, another step in the liberalisation of China’s equity markets.

18 Mar 2019 - 5:33PM
Hong Kong, China stocks rise as Shanghai tech board kick-off signals further capital market liberalisation

Equities rose in Hong Kong and China on Monday, as investors await the introduction of a bidding process that will allow technology start-ups to raise capital in Shanghai, another step in the liberalisation of China’s equity markets.

Club Med owner Fosun Tourism swings to profit during its first year of listing in Hong Kong

Full-year profit attributable to shareholders was 308.4 million yuan (US$45.9 million), or 0.30 yuan per share, the company said in a filing on Sunday

18 Mar 2019 - 7:00AM
Club Med owner Fosun Tourism swings to profit during its first year of listing in Hong Kong

Full-year profit attributable to shareholders was 308.4 million yuan (US$45.9 million), or 0.30 yuan per share, the company said in a filing on Sunday

Can the world’s investors trust China’s wild stock markets?

Foreign investment could hit US$100 billion this year, as global funds increase A-share buying.

18 Mar 2019 - 3:56PM
Can the world’s investors trust China’s wild stock markets?

Foreign investment could hit US$100 billion this year, as global funds increase A-share buying.

China puts margin financing under scrutiny as stock market froth evokes memories of 2015 rout

China Securities Regulatory Commission bans brokerages from cooperating with outside funding platforms

14 Mar 2019 - 10:42PM
China puts margin financing under scrutiny as stock market froth evokes memories of 2015 rout

China Securities Regulatory Commission bans brokerages from cooperating with outside funding platforms

Morgan Stanley says Chinese stocks are showing no signs of overheating that could result in repeat of 2015 sell-off

An aggregate measure of China’s market sentiment now stands at 51 per cent, far from a reading of 80 per cent that could trigger a meltdown, says Morgan Stanley

13 Mar 2019 - 10:54PM
Morgan Stanley says Chinese stocks are showing no signs of overheating that could result in repeat of 2015 sell-off

An aggregate measure of China’s market sentiment now stands at 51 per cent, far from a reading of 80 per cent that could trigger a meltdown, says Morgan Stanley

Hong Kong, China stocks stay on positive roll for second day amid optimism about foreign inflows

Traders gauge possibility of increased foreign buying on availability of hedging tools and regulatory comment on ownership cap

12 Mar 2019 - 10:28PM
Hong Kong, China stocks stay on positive roll for second day amid optimism about foreign inflows

Traders gauge possibility of increased foreign buying on availability of hedging tools and regulatory comment on ownership cap

China’s stocks stabilise after falling most in five months as traders await key economic data
Alibaba to buy stake in parcel delivery firm STO Express for 4.6 billion yuan

Alibaba is buying a 49 per cent stake in a new unit that will control 29.9 per cent of Shenzhen-listed STO

11 Mar 2019 - 10:26PM
Alibaba to buy stake in parcel delivery firm STO Express for 4.6 billion yuan

Alibaba is buying a 49 per cent stake in a new unit that will control 29.9 per cent of Shenzhen-listed STO

China’s world-beating rally has alarm bells ringing as brokerages say to sell several hot stocks

The bearish bets on the leading gainers on Chinese stocks sparked jitters among investors on whether this year’s rally has been too rushed.

8 Mar 2019 - 10:55PM
China’s world-beating rally has alarm bells ringing as brokerages say to sell several hot stocks

The bearish bets on the leading gainers on Chinese stocks sparked jitters among investors on whether this year’s rally has been too rushed.

Overseas buyers told they can’t purchase more of hot Chinese stock – and MSCI gives it the boot
  • Overseas buying of surging Han’s Laser Technology hits 28 per cent limit on foreign ownership. Another hot stock is nearing that cutoff, too.
7 Mar 2019 - 10:58PM
Overseas buyers told they can’t purchase more of hot Chinese stock – and MSCI gives it the boot
  • Overseas buying of surging Han’s Laser Technology hits 28 per cent limit on foreign ownership. Another hot stock is nearing that cutoff, too.
This Chinese brokerage just made the boldest call yet for the world’s hottest equities

China Great Wall Securities says Shanghai Composite Index could soar above 4,000 points this year. That is a lot. It’s just over 3,100 now.

7 Mar 2019 - 10:58PM
This Chinese brokerage just made the boldest call yet for the world’s hottest equities

China Great Wall Securities says Shanghai Composite Index could soar above 4,000 points this year. That is a lot. It’s just over 3,100 now.

China’s stocks take just 32 days to enter bull market as Morgan Stanley and Goldman Sachs see no signs to sell

Morgan Stanley and Goldman Sachs say the strong momentum in China stocks will continue.

1 Mar 2019 - 10:45PM
China’s stocks take just 32 days to enter bull market as Morgan Stanley and Goldman Sachs see no signs to sell

Morgan Stanley and Goldman Sachs say the strong momentum in China stocks will continue.

Index compiler MSCI plans to quadruple weighting of Chinese stocks in its global benchmarks

Implementation will be carried out in three steps, with the full weighting in effect by November.

1 Mar 2019 - 11:30PM
Index compiler MSCI plans to quadruple weighting of Chinese stocks in its global benchmarks

Implementation will be carried out in three steps, with the full weighting in effect by November.

China is the world’s most overheated stock market. So why are these top strategists calling it a buy?

A technical gauge is flashing red that China’s stock markets are overbought. But two respected forecasters say the new bull run has more gains in it.

26 Feb 2019 - 10:57PM
China is the world’s most overheated stock market. So why are these top strategists calling it a buy?

A technical gauge is flashing red that China’s stock markets are overbought. But two respected forecasters say the new bull run has more gains in it.

China’s world-beating stock rally seems unstoppable as a small-cap gauge enters bull market
  • The ChiNext gauge of start-ups rises 21 per cent from October, making it the first of the mainland’s major equity gauges to enter a bull market this year.
23 Feb 2019 - 12:32AM
China’s world-beating stock rally seems unstoppable as a small-cap gauge enters bull market
  • The ChiNext gauge of start-ups rises 21 per cent from October, making it the first of the mainland’s major equity gauges to enter a bull market this year.
China stocks rally above a key resistance line – but the party fizzles out

The Shanghai Composite falls for the first time this week, though the index briefly rises above its 200-day moving average in intraday trading.

21 Feb 2019 - 8:09PM
China stocks rally above a key resistance line – but the party fizzles out

The Shanghai Composite falls for the first time this week, though the index briefly rises above its 200-day moving average in intraday trading.

Shares of ‘China’s Goldman Sachs’ jump after Alibaba raised its stake

Alibaba boosts its stake in China International Capital Corporation, making the e-commerce giant CICC’s third-largest shareholder.

20 Feb 2019 - 9:20PM
Shares of ‘China’s Goldman Sachs’ jump after Alibaba raised its stake

Alibaba boosts its stake in China International Capital Corporation, making the e-commerce giant CICC’s third-largest shareholder.

China’s stocks, among the world’s best performers this year, continue to rise even as traders ask if run-up is too good to last
  • The Shanghai Composite closes at the highest in five months even as a technical gauge says stocks are overbought and may fall.
20 Feb 2019 - 10:52PM
China’s stocks, among the world’s best performers this year, continue to rise even as traders ask if run-up is too good to last
  • The Shanghai Composite closes at the highest in five months even as a technical gauge says stocks are overbought and may fall.
China’s stocks extend gains as shares linked to Greater Bay Area surge on development plan

Shares of port operators and property developers jumped after Beijing unveiled a long-heralded plan on Monday to tie Hong Kong and Macau with the southern province of Guangdong to create the “Greater Bay Area.”

19 Feb 2019 - 4:36PM
China’s stocks extend gains as shares linked to Greater Bay Area surge on development plan

Shares of port operators and property developers jumped after Beijing unveiled a long-heralded plan on Monday to tie Hong Kong and Macau with the southern province of Guangdong to create the “Greater Bay Area.”

China stocks jump most in three months on record new lending and trade deal outlook

Markets get a boost by news that new yuan loans surged to an all-time high of 3.23 trillion yuan in January.

18 Feb 2019 - 4:31PM
China stocks jump most in three months on record new lending and trade deal outlook

Markets get a boost by news that new yuan loans surged to an all-time high of 3.23 trillion yuan in January.

Hong Kong and China stocks poised for continued upbeat momentum as traders drift back to work after lunar holiday
It’s China! No, it’s Japan! In months-long battling, China regains its title as home to world’s second-largest stock market

It’s been a battle worthy of sumo wrestlers – China and Japan have been fighting for two months over the title to be the world’s No 2 stock market. China just pulled ahead.

31 Jan 2019 - 1:56PM
It’s China! No, it’s Japan! In months-long battling, China regains its title as home to world’s second-largest stock market

It’s been a battle worthy of sumo wrestlers – China and Japan have been fighting for two months over the title to be the world’s No 2 stock market. China just pulled ahead.

China stocks fall to two-week low as corporate earnings worsen amid economic slowdown
  • Sentiment in the mainland’s markets continues to be downbeat over worsening corporate earnings
30 Jan 2019 - 11:14PM
China stocks fall to two-week low as corporate earnings worsen amid economic slowdown
  • Sentiment in the mainland’s markets continues to be downbeat over worsening corporate earnings
China stocks go on wild roller-coaster ride before regulator shoots down rumour on short-selling

Rumours swirled, a bunch of small caps adjusted earnings from gains to losses, and the US pressed on with its Huawei charges. Traders had a lot to digest.

29 Jan 2019 - 9:35PM
China stocks go on wild roller-coaster ride before regulator shoots down rumour on short-selling

Rumours swirled, a bunch of small caps adjusted earnings from gains to losses, and the US pressed on with its Huawei charges. Traders had a lot to digest.

How China and Hong Kong stocks could react to the US-China trade talks this week

The outcome of this week’s US-China trade talks in Washington is anybody’s guess. But one thing is certain – markets will react.

29 Jan 2019 - 8:04AM
How China and Hong Kong stocks could react to the US-China trade talks this week

The outcome of this week’s US-China trade talks in Washington is anybody’s guess. But one thing is certain – markets will react.

Hong Kong’s troubled pay TV operator i-Cable sees shares plunge as it gives rejected funding plan a second go

The stock slumped 7.8 per cent to 10.6 Hong Kong cents at Monday’s close, the steepest decline since November 12

28 Jan 2019 - 10:19PM
Hong Kong’s troubled pay TV operator i-Cable sees shares plunge as it gives rejected funding plan a second go

The stock slumped 7.8 per cent to 10.6 Hong Kong cents at Monday’s close, the steepest decline since November 12

China’s new securities regulator must implement wide-ranging reforms to revive flagging market fortunes

New CSRC chief Yi Huiman faces the uphill task of reviving confidence and installing reforms in world’s No 3 stock market.

28 Jan 2019 - 1:16PM
China’s new securities regulator must implement wide-ranging reforms to revive flagging market fortunes

New CSRC chief Yi Huiman faces the uphill task of reviving confidence and installing reforms in world’s No 3 stock market.

Here’s how Chinese stocks have performed during the tenures of various CSRC chiefs

Yi Huiman, 54, the former chairman of ICBC, has taken over as the ninth chairman of the CSRC. It remains to be seen if the stock markets will do better under his leadership than they did than under his predecessor Liu Shiyu

27 Jan 2019 - 5:22PM
Here’s how Chinese stocks have performed during the tenures of various CSRC chiefs

Yi Huiman, 54, the former chairman of ICBC, has taken over as the ninth chairman of the CSRC. It remains to be seen if the stock markets will do better under his leadership than they did than under his predecessor Liu Shiyu

Head of China’s securities watchdog Liu Shiyu replaced by top banker

Former chairman of ICBC Yi Huiman named as new boss of China Securities Regulatory Commission, as former watchdog chief moves to All-China Federation of Supply and Marketing Cooperatives.

26 Jan 2019 - 11:27PM
Head of China’s securities watchdog Liu Shiyu replaced by top banker

Former chairman of ICBC Yi Huiman named as new boss of China Securities Regulatory Commission, as former watchdog chief moves to All-China Federation of Supply and Marketing Cooperatives.

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