CHINA TOPIX

11/02/2024 12:33:27 pm

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Chinese Stock Market

China Stock Market

New CSRC Chief Defends Government Policies, Pledges Sustained Support for Stock Markets

In his first ever press conference, China's newly-appointed stock market chief has tried to calm nervous investors as he pledged sustained government support for the country's plummeting stock markets. Liu Shiyu, the CSRC's new chief, also promised timely intervention should market volatility return back to stock markets again.

China Stock Market

Chinese Stock Market Ends on High After Leadership's Assurance of Economic Growth

Chinese Stock Market rallied on Monday for fourth straight day, as investors took cue from positive statements made by Chinese leadership at National People's Congress Parliament over the weekend.

Xiao Gang,CSRC

China Dismisses CSRC Chief Following Stock Market Meltdown

The chairman of China Securities Regulatory Commission (CSRC) Xiao Gang has been officially dismissed from his post, the state-run Xinhua news agency announced on Saturday. The news of Xiao's dismissal comes following recent reports that he is on the verge of being fired.

China Stock Market

Rout in Chinese Stock Continues as Market Hits 13 Month Low

The relentless freefall in China's stock market continued on Tuesday, as The Shanghai Composite Index plunged 6.4 percent to end at 2,749.79, its lowest closing since December 2014. On other hand, the Shenzhen Component Index sank 7% to close at 9,483.55.

Xiao Gang

CSRC Chief Xiao Gang Offers to Step Down Following Stock Market Crash – Sources

Xiao Gang, the head of China's beleaguered top securities regulator has offered to step down, as per insider sources in the securities market.

Shanghai Composite Index Declines Below 3,000 Points On Wednesday

Stock Market Trend: The Story of 'Pyjama Traders' in China

Millions of professional traders in pyjamas are emerging in China as retirees find way to kill time. These traders together with shop owners, pensioners and other small traders make up 80 percent of China's investors.

China Stock Market

Stock Analyst Predicts Repeat of Chinese Stock Boom to Bust Cycle

A stock analyst based in Bangkok predicted over the weekend that Chinese stocks will experience a rally in the last quarter of 2015 in which the Shanghai Index may reach over 4,000 but can drop by as much as half by early next year.

CITIC Securities

Chinese Brokers Face Government Probe Over Allegations of Insider Trading

Chinese authorities announced on Monday that several high ranking employees of one of the largest brokerage firm in the country are being probed over allegations that they engaged in insider trading of stocks. The government's move is seen as an indication that it will not hesitate to employ any means at its disposal to prevent the ongoing massive selling of Chinese stocks.

Li Yifei, Man Group Plc

Chinese Hedge Fund Man Group Chairperson Denies Media Reports of Her Arrest

Man Hedge Fund Group Chairperson Li Yifei has on Monday denied media reports that she was taken into police custody to be quesitoned over the tumbling prices in the Chinese stock exchange. She claims that she has been attending business meetings and took some time off during the previous week.

China Stock Market

Chinese Regulators Latest Move: Major Stockholders Forbidden from Selling Shares

Chinese regulators issued a new ruling on Wednesday prohibiting stockholders who own more than five percent shares in a corporation from selling them within the next six months. Authorities hope that the latest directive can at least pare down the selling frenzy in the Chinese stock market.

GettyImages-479748756

Chinese Regulators Cap Daily Trade On the CSI 500 Futures Index

Chinese regulators announced on Monday that the daily trade volume in the CSI 500 Futures Index will be reduced in hopes of keeping China's Stock markets from slipping further.

China Stock Market

Chinese Stocks Forecast To Rise This Year

Analysts and economists said this year is the best time to invest in the stock market as Chinese stocks are predicted to rise by 30 percent this year following last year's 53-percent surge.

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