Tag: Chinese financial market

After Stocks Plunge in Hong Kong, Mainland China, Beijing’s Financial Rescue Sends Them Soaring

The stock market in continental China and Hong Kong, which plummeted for two consecutive trading days due to the failure of U.S.-China economic talks, rebounded in an abnormally short window after China’s financial commission issued a bailout signal on March 16. “This just goes to show that the Chinese stock market has always been a…


China’s Regulatory Storm Targets Cross-Border Internet Brokerages

China has been targeting cross-border internet brokerage firms in a regulatory storm. Those firms could be accused of illegal financial business if they provide overseas securities investment services to Chinese clients, according to a high-ranking financial official. On Oct. 24, Sun Tianqi, director of the Bureau of Financial Stability of China’s Central Bank, said at…