Live foreign flows data cut to nurture stock rally


A bull statue in front of the Shenzhen Stock Exchange building in Shenzhen, China on Tuesday, May 7, 2024. As the Chinese bond market undergoes a powerful rally, the nation's so-called policy banks are turning away from the People's Bank of China as a source of funding and rushing to raise debt instead. Photographer: Raul Ariano/Bloomberg

Beijing: China is set to switch off a live feed of foreign flows for stocks as early as today, the latest policy move to shore up confidence by removing a potential source of negative data.

The Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , bourse , equity , trading , Shenzhen , Shanghai

Next In Business News

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO

Others Also Read