CHINA PLANS TO BOOST ITS OWN BLOCKCHAIN INDUSTRY BY 2025

Highlights –

• China plans to boost its own blockchain industry by 2025.
• The country is aiming to boost the technological application and industrial development of blockchain.
• China plans to support the establishment of 3-5 backbone ent...

CHINESE STOCKS END HIGHER; SHANGHAI TO HAND OUT DIGITAL CURRENCY

Highlights –

• Chinese stocks end higher; Shanghai to hand out digital currency.
• Shanghai Composite Index ended up 0.21 percent, at 3,591.84 points.
• The ChiNext Index gained 1.28 percent to close at 3,242.61 points.
• Shanghai ...

CHINA’S BLUE CHIP INDEX SUMMITS AT 13 YEAR ALL-TIME HIGH ON GLITTERING RARE EARTH STOCKS

• China's tenacious blue-chip index closed on Tuesday at the highest level in 13 years, with rare earth stocks glittering, as investors were reconfirmed of a quicker economic recovery following a restrictment of a resurgence of locally transmitted Covid-19 infections.
• The blu...

CHINA'S STOCK MARKET REPORTS EXTENSIVE GAINS IN 2020

Highlights –

• China's stock market reports extensive gains in 2020.
• In 2020 benchmark Shanghai Composite Index gained 13.87 percent.
• Net inflows through ‘northbound trading’ exceeded 200 billion yuan.
• The cou...

CHINA SHARES INCH HIGHER; ECONOMY DOES A HASTY VOLTE-FACE FROM PREVIOUS STALEMATE

• China shares were up for a change ending higher on previous Tuesday in a relatively weak session, as new-found optimism over resurging consumption lifted the benchmark index, though trade figures showed a slack pace of new home price  growth in the world's second-largest economy....

CHINA STOCK MARKET CONTINUES TO SURGE

Highlights:

• The China stock market has surged for seven straight sessions and gained more than 340 points which are equivalent to 10.7 percent along the way.
• The Shanghai Composite Index (SCI) now rests just above the 3,400-point plateau and is expect...

STOCKS ON A RISE AFTER CHINA SELL-OFF PULL UP

Highlights:

• China's stocks are stable after losing $720 billion on the day market reopens.
• Brent Crude oil future is above $50 in New York.
• Yuan is stronger by 7 per dollar.

The US and European markets advance on Tuesd...