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Gree Real Estate spent RMB 233 million to repurchase 42.24 million shares which accounted for 2.05% of the company’s outstanding shares.
On June 13 Xiaomi repurchased 5.17 million Class B shares at a price about HKD 50 million.
China's Nasdaq-style tech board, officially called the SSE STAR Market, is launched in Shanghai today.
Russian Direct Investment Fund and China Investment Corporation will set up a research and technology innovation fund worth USD 1bln, both parties contributing USD 500 mln respectively.
In the recent two months, mutual funds have attracted RMB 180 bln. Four companies have issued more than RMB 10 bln.
As of 29th May, the total financing balance of the two stock exchanges was RMB 919.107 bln, an increase of RMB 331 mln over the previous trading day.
Yesterday, the financing balance of the Shenzhen Stock Exchange was RMB 360.305 bln, an increase of RMB 104 mln over the previous trading day.
As of 29th May, the financing balance of the Shanghai Stock Exchange was RMB 558.802 bln, up RMB 327 mln over the previous trading day.
FTSE China A50 Futures raised 0.2% to 12,871.76 at 9am, Beijing Time.
Chinese mobile content aggregator Qutoutiao announces to buy back up to USD 50 mln worth of its outstanding American Depository Shares in next 12 months.
China's PBoC will inject RMB 270 bln via 7-day reverse repos in open market operations; a total of RMB 20 bln reverse repo will mature today.
SGX FTSE China A50 index futures contract down 1%.
Chinese information technology company iFlytek teams up with China Everbright Bank(CEB). CEB will transform itself into a digital fintech bank by using iFlytek’s voice recognition and AI technologies.
China Tobacco International Inc. is expected to be listed on the HKEx on June 12, planning to issue 166 mln shares at a price of HKD 3.88 to HKD 4.88 per share.
China's PBoC will inject RMB 150 bln via 7-day reverse repos in open market operations; a total of RMB 80 bln reverse repo will mature today.
SGX FTSE China A50 index futures contract up 0.04%.
TChina's pig shares plummeted after the news that progress has been made in the development of classical swine fever (CSF) vaccine.
Tencent-backed online brokerage Futu Holdings Ltd released its first quarterly results since going public on 8 March. In Q1, the company generated a revenue of over HKD 236 mln, up 37.1% YoY; its non-GAAP net profit was HKD 49.3 mln, up 2.5% YoY.
China's PBoC to skip OMO today;no reverse repo will mature today.
SGX FTSE China A50 index futures contract down 0.47%.
Ping An Insurance’s financial arm OneConnect is expected to go public on HKEx as early as this Sept., raising up to USD 1 bln.
SGX FTSE China A50 index futures contract down 0.1%.
Morgan Stanley raises its target price for Chinese Internet technology company NetEase to USD 345 from USD 310.
Morgan Stanley raises Alibaba’s target price from USD 196 to USD 207.
China's PBoC to skip Open Market Operations today, a total of RMB 10 bln reverse repo will mature today.
SGX FTSE China A50 index futures contract up 0.75%.
China Association of Automobile Manufactures: In April, the output and sales of automobiles were 2.052 mln and 1.98 mln, down 19.8% MoM and 21.4% MoM respectively.
China’s largest gaming café chain Wanyoo is said to go public in the U.S. in the near future and to raise about USD 200 mln to USD 300 mln. Wanyoo now has 14.3 mln registered members and operates more than 1,000 stores in six countries.
CICC upgrades JD.com , Inc from “hold” to “buy” with a target price of USD 36.
Chinese state-owned automobile enterprise BAIC Group seeks to buy 5% stake in Daimler AG, the German multinational automotive corporation. These two companies have founded a joint venture Beijing Benz in 2005.