China stocks tumble despite positive economic data

Last Updated: Wednesday, July 15, 2015, 12:56

The stock market recovery that began in China last week after a slew of government steps to halt a crash ran abruptly out of steam on Wednesday, with markets dropping sharply in afternoon trade despite surprisingly positive economic data.

China's growth steady at 7% as investment rebounds

Last Updated: Wednesday, July 15, 2015, 08:50

China`s economy grew an annual 7.0 percent in the second quarter, steady with the previous quarter and slightly better than analyst forecasts, though further stimulus is still expected after the quarter ended with a stock market crash.

China IPO freeze opens door to alternative financiers

Last Updated: Wednesday, July 15, 2015, 08:48

China`s move to halt new company listings on its stock markets is offering private equity firms, hedge funds and sovereign wealth funds an opening to fill private companies` funding needs, paving the way for more M&A activity.

China market rout, slowing economy sap demand for luxury cars

Last Updated: Saturday, July 11, 2015, 16:53

Prices for German luxury cars in China are tumbling as the country`s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.

China stocks jump as government restores faith

Last Updated: Friday, July 10, 2015, 16:19

Chinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long rout, but analysts warned of further uncertainty and volatility ahead.

China stocks close up strongly on government moves

Last Updated: Friday, July 10, 2015, 00:01

Chinese stocks stormed into positive territory in volatile trade Thursday as Beijing launched new measures to halt a dramatic sell-off, prompting Asian markets to rebound, but dealers questioned whether the gains would last.

China stems stocks rout, but market faces lengthy hangover

Last Updated: Thursday, July 9, 2015, 18:40

Beijing`s increasingly frantic attempts to stem a stock market rout were finally rewarded as Chinese shares bounced around 6 percent on Thursday, but the costs of heavy-handed state intervention are likely to weigh on the market for a long time.

Asia stocks sink as China sell-off spreads

Last Updated: Wednesday, July 8, 2015, 21:23

Asian equities tumbled today as a collapse in Chinese shares began to contaminate other markets, and after European leaders slapped Greece with a deadline to submit fresh bailout reform proposals.

China markets plunge as government measures fail

Last Updated: Wednesday, July 8, 2015, 20:45

The benchmark Shanghai Composite Index closed down 5.90 percent, or 219.93 points, to 3,507.19. The Shenzhen Composite Index, which tracks China`s second exchange, dropped 2.50 percent, or 48.38 points, to 1,884.45.

China stock market freezing up as sell-off gathers pace

Last Updated: Wednesday, July 8, 2015, 17:46

China`s tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of "panic sentiment" gripping investors.

China brokers to invest $19 million to curb market plunge

Last Updated: Saturday, July 4, 2015, 21:34

China's 21 largest brokerage firms announced on Saturday they would invest more than USD 19 billion in the country's stock markets in order to curb its precipitous fall over the last three weeks.

Oil prices drop on rising US rig count, China stock market probe

Last Updated: Friday, July 3, 2015, 12:14

Oil prices dropped on Friday as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.