China’s securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.
China mulls trading cost cuts for mutual funds, to regulate commissions
China’s securities regulator has published draft rules aimed at slashing trading commissions for mutual funds and addressing the conflict of interest between the securities trading and fund sales businesses of brokerages, the latest reform to the US$3.8 trillion mutual fund industry.
AI boom, China’s waning recovery to boost SOE, tech stocks rally: brokerages
A rally in Chinese state-owned enterprises (SOEs) and technology stocks is likely to get a further boost in the second half of the year as investors seek shelter from a weak economic recovery, according to the midyear strategy reports of some brokerages.
US lawmakers push SEC to order audit of Shein IPO over Uygur forced labour fears
A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use forced labour while the company says it has “zero tolerance” for such practices.
AI boom, China’s waning recovery to boost SOE, tech stocks rally: brokerages
A rally in Chinese state-owned enterprises (SOEs) and technology stocks is likely to get a further boost in the second half of the year as investors seek shelter from a weak economic recovery, according to the midyear strategy reports of some brokerages.
US lawmakers push SEC to order audit of Shein IPO over Uygur forced labour fears
A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use forced labour while the company says it has “zero tolerance” for such practices.
A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use forced labour while the company says it has “zero tolerance” for such practices.
Traders bet on cold medicine, antigen test makers as China ditches zero-Covid
They are betting demand for these products will spike as China allows people to isolate at home and drops requirements for nucleic acid testing to encourage use of antigen test kits.
They are betting demand for these products will spike as China allows people to isolate at home and drops requirements for nucleic acid testing to encourage use of antigen test kits.
BYD plunges after Buffett’s Berkshire cuts stake in China’s top EV maker
BYD plunges in Hong Kong trading after a filing shows Berkshire Hathaway trimmed its stake in the EV maker by about US$47 million.
US-China audit deal to delay migration benefits for HKEX: Morgan Stanley
Hong Kong’s bourse operator may have to wait longer to extract the benefits of more IPOs and trading volume as the US-China audit deal could allow Chinese companies to keep their New York listing status.
Traders bet on cold medicine, antigen test makers as China ditches zero-Covid
They are betting demand for these products will spike as China allows people to isolate at home and drops requirements for nucleic acid testing to encourage use of antigen test kits.
BYD plunges after Buffett’s Berkshire cuts stake in China’s top EV maker
BYD plunges in Hong Kong trading after a filing shows Berkshire Hathaway trimmed its stake in the EV maker by about US$47 million.
US-China audit deal to delay migration benefits for HKEX: Morgan Stanley
Hong Kong’s bourse operator may have to wait longer to extract the benefits of more IPOs and trading volume as the US-China audit deal could allow Chinese companies to keep their New York listing status.