BUSINESS >> Markets

China to embrace A-share springtime in 2019: analyst

On the bullish first trading day in the Year of the Pig, the flagship Shanghai Composite Index rose by 1.36 percent at 2,653.9 points on Monday, with total trading volumes reaching 137.3 billion yuan ($20.35 billion). This reflects investors' optimistic outlook for 2019, with ample liquidity in the stock market, as well as improving regulations and policies, said Zhang Xia, chief strategy analyst at China Merchants Securities.
Source: Global Times | 2019/2/11 17:13:08

China's new innovation board needs to shun fake, unproven technologies

China's stock market authorities have moved to solicit public opinion on a set of newly-revealed rules to manage the country's maiden technology and innovation board, at the Shanghai Stock Exchange. The government aims to shore up the country's sustainable economic growth, in the future, by facilitating the fund-raising ability of a rising number of technology start-ups.
Source: Global Times | 2019/2/11 15:28:39

Brazil lowers exports forecast to China following recovery of soybean trade between China, US

Brazil, the largest soybean producer in Latin America, lowered its exports expectations to China following China-US trade talks that have brought a soybeans deal back to the table.
Source: Global Times | 2019/2/11 9:28:39

Holiday sales of Chinese retail, catering firms up 8.5 pct

Combined sales of retail and catering enterprises in China rose 8.5 percent year on year during the week-long Spring Festival holiday ending Sunday.
Source: Xinhua | 2019/2/11 9:09:48

China to open financial market further in 2019, first by standardizing panda bond issuance

The Chinese government in 2019 will continue to open up the nation's bond market with measures such as clearing policies for overseas bond issuers in the Chinese mainland.
Source: Global Times | 2019/2/10 21:43:41

Year of the Pig may see bullish A-share market

Investors are optimistic about the 2019 outlook for the A-share market, which will have its first trading day in the Year of the Pig on Monday. Records going back about two decades signal gains on the first trading day and in the first week.
Source: Global Times | 2019/2/10 21:43:40

Big-city residents less likely to buy housing in hometowns

The number of people who work in big cities and aspire to return to their hometowns to purchase housing is likely to decrease in 2019, an industry report said.
Source: Global Times | 2019/2/10 21:33:40

China starts to rein in illegal currency trading

China's Supreme People's Court (SPC) and Supreme People's Procuratorate (SPP) have stepped up efforts to clamp down on illegal foreign exchange (forex) trade by clarifying tougher restrictions and announcing stricter punishments.
Source: Global Times | 2019/2/10 21:23:40

Looking for work

Applicants apply for jobs during an employment fair in Baoying county, East China's Jiangsu Province on Sunday. At least 236 companies offered more than 6,000 vacancies in sectors including investment, information technology and manufacturing during the fair. The event attracted thousands of job hunters. Photo: VCG
Source: VCG | 2019/2/10 21:18:40

Internet economy conquers smaller cities

What did Chinese people in third- and lower-tier cities do during the seven-day Spring Festival holiday? It seems that traditional activities such as playing mahjong and snacking on sunflower seeds lost appeal. Instead, shooting funny videos via short-video platforms and grabbing digital red envelopes gained vogue.
Source: Global Times | 2019/2/10 20:58:39

China remains top trade supplier of Algeria in 2018

China consolidated its position as the largest trade supplier of Algeria in 2018, according to a report by Algerian Customs on Saturday.
Source: Xinhua | 2019/2/10 10:59:00

Chinese market drives sales growth of US fast food company in 2018

Chinese market has contributed greatly to the annual sales growth of Yum! Brands in 2018, according to the latest earnings report of the US fast food company on Thursday.
Source: Xinhua | 2019/2/8 23:37:03

2019 Chicago Auto Show kicks off, eyeing future development of auto industry

The 111th Chicago Auto Show, the largest in the United States, kicked off Thursday with nearly 50 auto manufacturers showcasing nearly 1,000 vehicles at the McCormick Place this year.
Source: Xinhua | 2019/2/8 20:24:44

China's Shengli Oilfield crude output at 23.4 mln tonnes in 2018

Shengli Oilfield, a major oilfield of China, churned out 23.41 million tonnes of crude oil in 2018, 10,000 tonnes above the target.
Source: Xinhua | 2019/2/7 21:19:54

China solicits opinions on industry catalog for encouraging foreign investment

China has started to solicit public opinions on a new industry catalog aimed at encouraging foreign investment as part of the effort to push forward opening-up.
Source: Xinhua | 2019/2/7 20:53:20

US trade deficit with China narrows in November

The US trade deficit narrowed by 11.5 percent to $49.3 billion in November last year, citing a decline in imports, according to a report from the US Commerce Department on Wednesday.
Source: Global Times | 2019/2/7 13:37:00

Russia's 2018 trade surplus 61.5 pct up year on year

Russia's trade surplus rose 61.5 percent year on year in 2018, the country's Federal Customs Service said Wednesday.
Source: Xinhua | 2019/2/6 21:15:44

European Commission prohibits Siemens-Alstom merger

The European Commission said on Wednesday that it has prohibited Siemens' proposed acquisition of Alstom under the European Union (EU) Merger Regulation, because the merger would have harmed competition in markets for railway signalling systems and very high-speed trains.
Source: Xinhua | 2019/2/6 21:15:11