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...Wu Qing, the new head of the China Securities Regulatory Commission, had been in the job for less than a month when he took to the stage for a high-profile press conference in Beijing on Wednesday....
...21 IPOs raised about $678mn in January, compared with $17mn a year ago....
...US Senate majority leader Chuck Schumer and minority leader Mitch McConnell honoured Dianne Feinstein on the Senate floor on Friday, with Schumer choking back tears....
...Dianne Feinstein, the veteran Democratic senator from California and a pioneer for women in American politics, has died aged 90, according to US media reports on Friday....
...On November 27, 1978, Dianne Feinstein told reporters that she was giving up on her hopes of becoming San Francisco’s mayor after suffering two defeats at the ballot box....
...California’s governor has named union leader and activist Laphonza Butler as the interim replacement for the late senator Dianne Feinstein....
...Dianne Feinstein, the veteran Democratic senator from California and a pioneer for women in American politics, has died, aged 90....
...Marc Hudson Stone, Staffordshire, UK...
...China’s property sector, which typically accounts for more than a quarter of economic activity, has struggled for more than two years with construction delays and developer funding woes after a government...
...So far this year, only five companies have listed in Hong Kong, raising a combined $279mn and reflecting a year-to-date drop of about 18 per cent from a year ago....
...A nearly 5 per cent rise for Hong Kong’s Hang Seng China Enterprises Index over the past week has stoked expectations for a catch-up rally when mainland stock exchanges return from their 10-day Lunar New...
...to just HK$46.3bn amid a slowdown for China’s economy....
...Nicolas Aguzin, the outgoing chief executive of Hong Kong Exchanges & Clearing, will depart earlier than planned, the exchange said in a statement on Friday....
...A reading below 50 marks a contraction from the previous month....
...Li is also set to announce a budget deficit of 3 per cent of GDP and Rmb1tn ($138.9bn) in special government bonds....
...for a bigger spending boost for the economy....
...Hudson Lockett What will Fed speakers this week tell us about rate cuts and regional bank jitters?...
...Yum’s Hong Kong-listed shares rose 14.5 per cent on Wednesday after it reported a 4 per cent year-on-year increase in fourth-quarter sales, besting a median analyst estimate from Bloomberg of 3.2 per cent...
...But there has been no major increase in trading, despite a string of supportive policy measures, including a cut to the stamp duty levied on stock trades....
...“A lot [of the buying] is from offshore state funds,” said a trading desk head at one Chinese investment bank in Hong Kong....
...The most closely watched race in California is to fill the US Senate seat vacated by the death of Democrat Dianne Feinstein....
...Chinese equities were little moved after authorities stepped up efforts to limit short selling in a bid to halt an extended market rout....
...“Donald Trump’s previous tariffs did surprisingly little damage to China’s economy,” they wrote in a recent note, “but China may find it harder to shrug off the damage in a rematch.”...
...It is a potential serious risk.”...
...Hudson Lockett Is UK inflation still falling?...
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