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BEIJING: China’s tech giants rebounded yesterday, with thin liquidity exacerbating swings as some traders closed out short positions on the last day of the year.
BEIJING: China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc’s controversial listing.
FOR anyone who wasn’t paying attention, China is serious about its common prosperity drive.
HONG KONG: Asian shares steadied on Friday after losses earlier in the week, but China jitters and global growth concerns weighed on investors' minds, while the dollar sat near a three-week high.
HONG KONG: Asia's share markets were mixed and the dollar held steady on Tuesday, with investors awaiting U.S inflation data for more clues on when the Federal Reserve will taper stimulus.
HONG KONG: Technology stocks led Chinese shares lower as regulators took aim at gaming companies for focusing solely on profit, underscoring the market’s continued vulnerability to policy risks.
BEIJING: Chinese technology shares climbed yesterday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector.
HONG KONG: Asian shares held onto their recent gains on Wednesday after last week's pummelling, as global equities rebounded thanks to a combination of positive COVID-19 vaccine news and easing worries over tapering of Federal Reserve stimulus.
HONG KONG (Reuters) - China's tech stocks slumped to new lows on Friday and Hong Kong's benchmark index hit an almost 10-month trough, as an unrelenting series of Chinese regulatory crackdowns crushed investors' confidence.