Alibaba is yet again launching another investment product, and this time it will give its Alipay customers the option to invest in gold.
Conventional wisdom and the written history of capital markets would have it that the value of a particular stock is based on the potential of future returns in the form of dividends and the underlying book value of the company. Not ones to stick with tradition, China’s mainland investors have often defied this basic tenant of reason and developed their own ideas about what the price of any particular stock should be.
After years of bearish sentiments among Chinese investors, the Shanghai Composite Index seems to be picking up again and rises to highest level since August 2011.
Alibaba's not so subtle move into China's financial services industry took another step forward today with an additional investment into financial data and software provider Hundsun.
According to new data released by China Securities Depository and Clearing (CSDC), Chinese investors have opened 243,073 new A-share accounts in the period between November 10th and November 14th.
Baidu Baifa 100 Index Fund, the first big data-based quantitative strategy fund in China, announced that it was closed for new investors only 24 hours of online sale at 15:00 on October 28th.
Starting from October 8th China Securities Depository and Clearing will assign a single unified account number to all A-share and closed-end mutual fund account holders. Previously, accounts were separated to the respective Shanghai and Shenzhen branches of the clearing company.
With Alibaba in the US for a one-week road show before what might be the biggest tech IPO that we've ever seen, Alibaba's competitors are battening down the hatches for an extended battle for the face of e-commerce in China.
The recent news story about Bank of China allegedly assisting with illegal money transfer ended well for the bank and turned out to be a case of journalists not doing enough research...
Despite the regulators’ effort in boosting investor’s confidence in post-hiatus IPOs, growth in Chinese stock market growth in trading volume is still sluggish.
On June 11 2014, MSCI Inc. indicated that China’s A-shares will not be included in MSCI’s global index, meanwhile, South Korea and Taiwan will not be considered to upgrade to developed market status.
Since the IPO hiatus last year many qualified mainland companies have been waiting for new capital. With banks traditionally more supportive of SOEs and PE not being able to invest since much of their capital have been locked already, many well-managed, fast-growing companies were starving of capital.