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The blue-chip CSI300 index ended down 0.3% at 5,262.80, while the Shanghai Composite Index was nearly unchanged at 3,501.99.
CHICAGO: Jorge Paulo Lemann is leaving the board of Kraft Heinz Co, the giant consumer company he helped put together with Warren Buffett that’s since lost half its value.
SHANGHAI: China’s property market is the biggest “gray rhino”, a very obvious yet ignored threat, in terms of financial risks, given it is so deeply intertwined with the financial industry, and it is necessary to keep real estate loan risks under control for the stable development of the property market, a top regulatory official has reiterated.
KUALA LUMPUR: RHB Research has kept its earnings estimates on Pos Malaysia Bhd on optimism over the postal operator's turnaround prospects and leading position in the parcel delivery market.
NEW YORK: Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday's surge, pausing to gauge whether a bond yield jump had run its course.
NEW YORK: Ant Group Co told employees it would eventually go public and promised to help those who need to monetise their shares sooner, seeking to boost morale four months after Chinese regulators torpedoed the fintech giant’s blockbuster listing.
BEIJING: China will launch standardised and unified requirements for large and medium-sized banking and insurance institutions to make resolution plans.
HONG KONG: Asia stocks dropped on Tuesday and European equity futures fell as a senior Chinese official expressed wariness about the risk of asset bubbles in foreign markets and a recent bond market sell-off still weighed on investor sentiment.