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The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…

Huileng Tan   


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China's stock markets are partying like it's 2008, overwhelming systems

The euphoria was thanks to Beijing's big-bang stimulus announcement, that showed urgency and concer…

Huileng Tan   


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China's Evergrande accused of inflating revenues by $78 billion

Chinese regulators have accused Evergrande and its founder of inflating revenues by USD 78 billion,…

ANI   


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China's retail investors are eyeing the stock market reopening after a weeklong break

China's Weibo microblog was abuzz with discussions about the stock market rally a day before they r…

Huileng Tan   


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China's stimulus isn't enough for its economic woes. But its stock rally could help.

Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.

Huileng Tan   


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A Chinese firm's answer to Elon Musk's Starlink just launched its first satellites for the thousands-strong network Beijing plans to build

The Thousand Sails Constellation is planned to bring 15,000 satellites into orbit, and is one of th…

Matthew Loh   


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Beijing is making moves to restore confidence in its battered stock markets, but there might be another big problem just ahead

Analysts' earnings estimates for companies represented by the MSCI China Index members are down nea…

Huileng Tan   


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1 min read

Beijing is reportedly blocking big shareholders from selling stocks in a bid to sustain a market rally

The Beijing Stock Exchange is not allowing major shareholders from selling stocks in an effort to s…

George Glover   


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China's Evergrande Group shares plummet over 80%

World's most indebted real state developer, Evergrande Group's shares plummeted 87 per cent on Mond…

ANI   


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Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home

Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate followi…

Huileng Tan   


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A tech stock with a name sounding like 'Trump's Big Win' surged by the maximum in China after the Pennsylvania assassination attempt

Chuanda Zhisheng, named after Sichuan University, has a meme status because it coincidentally uses …

Matthew Loh   


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India’s ‘wealth wave’ and the stocks that are poised to gain from it

Indians are saving better, if not saving more. A lot of Indian savings are being directed to equiti…

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1 min read

Beijing will establish a stock exchange focused on smaller businesses, says China's President Xi

The new stock exchange will focus on small- and medium-sized enterprises that are innovation-orient…

Carla Mozée   


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Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.

Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liqui…

Huileng Tan   


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Nvidia's Jensen Huang receives a rockstar reception in Taiwan amid a record high stock market

The rally in Taiwan's tech-backed stock market contrasts with growing fears over China's military a…

Huileng Tan   


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China's stock market has staged a big rebound that's poised to push on, strategist says

The stock market and the economy in China have staged a rebound recently after being branded "uninv…

Yuheng Zhan   


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The Chinese are piling into gold as stocks falter and the property market crumbles

The rush to the safe haven asset indicates uncertainty around China's financial health as stocks sl…

Aruni Soni   


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China's stock rout has spurred a mad dash into banned bitcoin

China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.

Filip De Mott   


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China wants domestic investors to stop buying so much foreign stock

About a third of Chinese funds that invest in foreign securities have halted or limited access to o…

Filip De Mott   


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Stock market today: Bitcoin flirts with record highs as traders await clues on the Fed's next move

Bitcoin slipped in premarket trading Tuesday, and US stock futures dropped as investors waited for …

George Glover