The Myanmar government has refuted a critique over probable failure to set up a stock exchange in the country, saying that the establishment of the stock exchange is a business rather than politics, official sources said Wednesday.
The landmark Shanghai-Hong Kong Stock Connect, which is aimed at linking up the stock exchanges of Hong Kong and Shanghai, was officially launched on Monday.
In many investors' eyes, the Chinese stock market is a mere gambling den where companies make fortunes overnight just by being listed; a situation that can't last indefinitely.
Chinese regulators' IPO guidance sparked stock speculation as the market saw shares of 10 new listings in the last two weeks double or triple within one week of their debut.
China has released long-awaited guidance on employee stock ownership plans (ESOP), but analysts expect more policy infrastructure, such as tax benefits, to be in place before the mechanism proves effective.
Vietnam's capital Hanoi People's Procuracy on Tuesday read the impeachment and proposed 30-year imprisonment to Nguyen Duc Kien, a banking tycoon in Vietnam.
The Shanghai Stock Exchange on Tuesday issued draft rules on the Shanghai-Hong Kong stock connection to solicit public opinions.
The Hong Kong stock market end higher on Friday on the back of the strong performance from the Dow Jones last night, as we saw the HSI actually once approaching 23,800 mark, but retreat a little bit, still that was a pretty strong day for Hong Kong market, said Executive Director of Bank of China International
Two Chinese Internet stocks have seen their shares soar after debuting on U.S. stock markets last week, reaffirming overseas investors' appetite for Chinese stocks amid a high-profile spat between U.S.-listed Chinese companies and short-sellers.
Two Chinese Internet stocks have seen their shares soar after debuting on U.S. stock markets last week, reaffirming overseas investors' appetite for Chinese stocks amid a high-profile spat between U.S.-listed Chinese companies and short-sellers.
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