On June 27, Hong Kong Stock Exchange celebrated its 20th listing anniversary. In 2000, Hong Kong’s stock market capitalization was roughly the same as the combined market capitalization of the stock markets in Shanghai and Shenzhen. By June 2020, however, the combined stock market capitalization on the Chinese mainland had become twice that of Hong Kong. […]
June marked the third consecutive month of an increase in Chinese stocks and bonds among both overseas institutes and private holders, the Securities Daily reported on Thursday, sourcing data from the People’s Bank of China, the central bank. As of late June, overseas institutes and private holders had held 2.46 trillion yuan ($354.16 billion) worth […]
China’s booming e-commerce market is forecast to see sales volume of nearly $2 trillion by 2025, said a report on digital megatrends released by FedEx Express. China, the world’s biggest e-commerce market, is embracing significant digitalization-related megatrends alongside its socio-economic growth, said the report. These megatrends of China’s e-commerce sector are a diversified shopping experience, […]
