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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.

Hong Kong stock exchange to introduce volatility controls from mid-2016

Last Updated: Saturday, July 4, 2015, 14:07

The operator of Hong Kong`s stock exchange said it will introduce new controls to rein-in volatility, in a long-awaited announcement that comes as Chinese shares see wild price swings, fueling fears of a mainland market collapse.

Chinese shares sink further, Hong Kong hit by Greece crisis

Last Updated: Monday, June 29, 2015, 15:35

Chinese shares tumbled Monday after a rollercoaster ride, extending losses of the past two weeks, while Hong Kong also sank on expectations Greece will default on its debt and possibly crash out of the eurozone.

China plans to launch yuan gold fix by end of 2015

Last Updated: Thursday, June 25, 2015, 15:28

The first public confirmation made by an exchange official comes after Reuters cited sources in February on the proposal for the fix to be set through trading on the SGE, the world`s biggest physical bullion exchange.

Hong Kong stocks end 0.26% up, Shanghai extends rebound

Last Updated: Wednesday, June 24, 2015, 14:10

Equities in Hong Kong rose 0.26 percent Wednesday, a fourth straight gain, on hopes Greece will agree a debt reform deal with its creditors, while Shanghai extended the previous day`s gains on improved liquidity.

London considers tie-up with Shanghai bourse: report

Last Updated: Friday, June 19, 2015, 17:51

It added that he said such a tie-up would add more complexity to the British bourse's operations, adding it was in talks with regulators, clients, and assets firms to ensure any connection could meet relevant regulatory requirements and conditions.

Shanghai stocks plunge 6.42% by close

Last Updated: Friday, June 19, 2015, 13:32

The benchmark Shanghai Composite Index dived 6.42 percent, or 307.00 points, to 4,478.36 on turnover of 685.5 billion yuan ($112.2 billion). The index lost 13.32 percent over the week.

Asian stocks down on Greece woes

Last Updated: Tuesday, June 16, 2015, 17:31

Despite increasing worries about Athens` future, the euro managed to tick up against the dollar and yen as traders await the outcome of policy meetings at the US Federal Reserve and Japanese central bank.

Hong Kong stocks end 1.10% lower

Last Updated: Tuesday, June 16, 2015, 14:02

The benchmark Hang Seng Index lost 295.11 points to close at 26,566.70 on turnover of HK$123.15 billion (US$15.89 billion).

China shares fell more than 3% in afternoon trading

Last Updated: Tuesday, June 16, 2015, 12:50

The benchmark Shanghai Composite Index slid 3.26 percent, or 164.87 points, to 4,898.12.

Hong Kong stocks end 1.39% higher

Last Updated: Friday, June 12, 2015, 14:32

In mainland China the benchmark Shanghai Composite Index added 0.87 percent, or 44.76 points, to 5,166.35 on turnover of 1.1 trillion yuan ($179.8 billion). The market gained 2.85 percent over the week.

Asian stocks higher after Wall Street rally

Last Updated: Thursday, June 11, 2015, 13:16

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.