Search Results for: China Market
China to Waive Capital-Gains Tax for Foreigners on Link
November 14th, 2014
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals who buy Hong Kong equities through the link get a ...
China Stocks Fall on Last Day Before Link Start as Brokers Drop
November 14th, 2014
Chinese stocks fell on the last trading day before the start of the trading link between Hong Kong and Shanghai amid concern recent rallies were excessive. China Communications Construction Co. (601800) and ChinaCAMC Engineering Co. led declines for industrial companies with losses of more than 3 ...
Gold Demand in China Slumps 37% Amid Drive to Root Out Graft
November 13th, 2014
Gold demand in China shrank for a third quarter as slumping prices failed to boost the purchases of bars, coins and jewelry in the world’s biggest user and officials pressed on with a nationwide anti-graft campaign. Buying by Asia’s largest economy ...
China deal sends shares to one-month high, rouble surges
November 10th, 2014
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...
Shanghai-Hong Kong Stock Connect gets China go-ahead
November 10th, 2014
Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges. The Shanghai-Hong Kong Stock Connect will allow investors to trade across the border for the first time and is set to begin on 17 ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...
Australia & NZ shares slip as commodity prices fall, China data awaited
November 5th, 2014
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...
China October HSBC Services PMI Falls to 52.9, Three-Month Low
November 5th, 2014
Growth in China’s services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod the government to unveil fresh stimulus measures. The services purchasing ...
Japan Stocks Rise, Standing Out Amid Asian Markets
November 4th, 2014
Asian stocks dipped as China growth slowed, but the Nikkei index rallied because of a weak yen. Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone, although Japan rose to seven-year ...
Yen hits 7-year low vs dollar; Aussie falls after weak China PMI
November 3rd, 2014
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...
