Beijing Stock Market

Indian equity benchmarks plunged on Monday, the rupee hit a record low as surging US inflation data, and a COVID-19 warning from Beijing roiled global markets, with traders in Asia's third-largest economy waiting for May consumer price data for further cues.

China is considering taking Didi under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, as per a report.

China will set up a new stock exchange in the capital Beijing, President Xi Jinping said Thursday, as the country tries to lure domestic companies into listing at home instead of overseas.

The US House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country's auditing rules, giving President Donald Trump one more tool to threaten Beijing with before leaving office.

Beijing's surprise actions on Tuesday thwarted the world's largest stock market debut with just days to go, in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.

Domestic stock markets registered sharp gains on Thursday tracking a positive trend in Asian peers, where investors cheered Beijing's monetary policy easing decision and upbeat cues on the US-China trade deal front. The S&P BSE Sensex index rose as much as 285.16 points to touch 41,591.18 in afternoon deals, and the broader NSE Nifty benchmark clim...

Equity markets were, however, choppy in the wake of the Chinese data as some expected Beijing might temper further stimulus.

US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday.

The stock markets ended Tuesday's session on a lower note, with BSE benchmark index Sensex declining 261.52 points. S&P BSE Sensex slip 0.74 per cent and closed at 35,286.74. The Nifty50 index sheds 89.49 points or 0.83 per cent to settle at 10,710.45. Losses in the indices were led by deep global trade tensions after US President Donald Trump thre...

Beijing at the weekend released figures showing exports fell almost two percent last month while imports plunged nearly 11 percent, stoking fresh fears about the state of the world's number two economy.

As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe.

China guided its yuan currency stronger for a second straight session on Monday, in a move that might calm concerns about how far Beijing would let the currency fall, but its stock markets tumbled again as doubts persisted over its policy intent.

Investor anxiety over economic weakness and a possible glut of unwanted shares flooding the market have complicated Beijing's efforts to withdraw emergency controls imposed after Chinese stock prices collapsed in June.

Chinese markets have been rattled by a confluence of negative events, including weak economic data, concerns about pending share sales by major stakeholders and the central bank's recent sharp depreciation of the yuan currency.

An extended selloff in Chinese stocks pulled down Asian markets on Monday, while the yuan bounced on suspected intervention by Beijing hours ahead of a decision by the International Monetary Fund (IMF) on whether to promote it to a basket of global reserve currencies.

Indian equity benchmarks plunged on Monday, the rupee hit a record low as surging US inflation data, and a COVID-19 warning from Beijing roiled global markets, with traders in Asia's third-largest economy waiting for May consumer price data for further cues.

China is considering taking Didi under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, as per a report.

China will set up a new stock exchange in the capital Beijing, President Xi Jinping said Thursday, as the country tries to lure domestic companies into listing at home instead of overseas.

The US House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country's auditing rules, giving President Donald Trump one more tool to threaten Beijing with before leaving office.

Beijing's surprise actions on Tuesday thwarted the world's largest stock market debut with just days to go, in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.

Domestic stock markets registered sharp gains on Thursday tracking a positive trend in Asian peers, where investors cheered Beijing's monetary policy easing decision and upbeat cues on the US-China trade deal front. The S&P BSE Sensex index rose as much as 285.16 points to touch 41,591.18 in afternoon deals, and the broader NSE Nifty benchmark clim...

Equity markets were, however, choppy in the wake of the Chinese data as some expected Beijing might temper further stimulus.

US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday.

The stock markets ended Tuesday's session on a lower note, with BSE benchmark index Sensex declining 261.52 points. S&P BSE Sensex slip 0.74 per cent and closed at 35,286.74. The Nifty50 index sheds 89.49 points or 0.83 per cent to settle at 10,710.45. Losses in the indices were led by deep global trade tensions after US President Donald Trump thre...

Beijing at the weekend released figures showing exports fell almost two percent last month while imports plunged nearly 11 percent, stoking fresh fears about the state of the world's number two economy.

As a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe.

China guided its yuan currency stronger for a second straight session on Monday, in a move that might calm concerns about how far Beijing would let the currency fall, but its stock markets tumbled again as doubts persisted over its policy intent.

Investor anxiety over economic weakness and a possible glut of unwanted shares flooding the market have complicated Beijing's efforts to withdraw emergency controls imposed after Chinese stock prices collapsed in June.

Chinese markets have been rattled by a confluence of negative events, including weak economic data, concerns about pending share sales by major stakeholders and the central bank's recent sharp depreciation of the yuan currency.

An extended selloff in Chinese stocks pulled down Asian markets on Monday, while the yuan bounced on suspected intervention by Beijing hours ahead of a decision by the International Monetary Fund (IMF) on whether to promote it to a basket of global reserve currencies.