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China fined US firms Lockheed Martin and Raytheon for supplying weapons to Taiwan as ties with Washington worsen Lenovo Group's first loss in almost three years suggests a weak recovery in China consumption-driven story Hong Kong stocks completed a third weekly loss amid concerns escalating US-China geopolitical spat will sap appetite for riskier assets. Lenovo Group slumped after a poor earnings report, suggesting a weak recovery in China's. ....
Listed SOEs' equities and valuations soar on reform shanghaiist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaiist.com Daily Mail and Mail on Sunday newspapers.
Stock-market investors in China are favorably disposed toward State-owned enterprises listed in the A-share market as "the valuation system with Chinese characteristics" has become a buzz phrase among market mavens, following the advanced state of SOE reform, experts said. ....
Meanwhile, the Shenzhen Component Index jumped 1.58 percent to close at 11785.77 points on Monday while the technology-focused ChiNext in Shenzhen closed 1.86 percent higher. ....
China's efforts to link its capital market with the rest of the world have not been held up by geopolitical tensions or market volatility, with global depository receipts (GDRs), which are gaining increasing preference from Chinese companies, serving as solid proof. ....