China’s new board is no longer ‘Star’
By Bloomberg
23 September 2019 |
12:56 pm
China’s newest stock venue is no longer the talk of the town. Stock gains and trading activity on Shanghai’s Star board have slowed since July’s launch, while the pace of initial public offerings has been lackluster. Sofia Horta e Costa reports on "Bloomberg Daybreak: Asia."
In this article
Related
26 Feb 2020
Global stock markets are continuing their bumpy ride today, after a slump on Monday that was the worst in two years. Japanese shares in particular saw sharp falls, catching up with regional bourses after being closed for a holiday yesterday. Also today, we look at the impact the factory shutdowns in China are having on the textile industry.
27 Feb 2020
Public health officials have urged businesses to prepare for an outbreak in the US, a move that has triggered yet another market downturn. For investors, "it's hard to be optimistic," according to financial analysts.
4 Mar 2020
The Nigerian Stock Exchange, sub-Saharan Africa's second biggest, has won approval from its members to become a listed company.
26 Apr 2020
European stocks plummeted just after opening as the coronavirus outbreak destabilizes the world economy. Recent global stimulus measures failed to offset virus concerns.
27 Mar 2020
A supermarket in Tokyo is packed with shoppers Friday morning and many shelves are emptied as Tokyo's governor urges people to stay home this weekend, warning of a possible "explosion" of the coronavirus after scores of new cases were discovered this week.
2 Apr 2020
European stock markets have started the month in the red, after global shares had their worst three months since the financial crisis. The massive sell-off began around six weeks ago as investors tried to adapt to the coronavirus pandemic. As we enter a new quarter, there is no sign of improvement - stocks in Europe slumped by over 3 percent in trading this Wednesday. Also today, we discuss new figures showing that online sales have fallen for many French retailers since the lockdown began in the country
19 Apr 2020
Ghana is the seventh largest trading partner of China in Africa. Thousands of businesses and traders in the West African country rely heavily on products from China to serve millions of consumers but the outbreak of the Coronavirus especially in China means they can’t access goods to stay in business. They are beginning to feel the impact
2 May 2020
Lufthansa is seeking a €10 billion bailout that would give the German government a massive stake in the airline, Der Spiegel reports. The German flag carrier has said it is losing €1 million an hour due to the pandemic.
4 May 2020
The share price of the US electric-car maker nosedived by around 10% at the end of the trading day after Tesla's CEO tweeted that the company's price was "too high." Elon Musk is also critical of the COVID-19 lockdown.
4 Jun 2020
Dozens of corrupt officials and politicians in Latin America are losing their jobs over fishy health care dealings during the coronavirus pandemic. The scandals are producing more transparency, but setbacks remain.
29 Jun 2020
Police examine the scene after four gunmen attacked the Pakistan Stock Exchange in Karachi on Monday. An exchange board member says the attackers were "fully armed and equipped with machine guns."
20 Aug 2020
AirBnB is set to become one of the marquee floatings of stock this year, after the home-sharing company decided to go public. The move comes as demand for home rentals have dropped due to the coronavirus pandemic.
Latest
13 mins ago
Nigerian entrepreneur Mustapha Gajibo has been converting petrol mini-buses into electric vehicles at his workshop, but he is now going a step further to build battery-powered buses from scratch in a push to promote clean energy and curb pollution.
18 mins ago
On May 9, Russians mark the defeat of Nazi Germany. But this year, Latvia has banned celebrations on that day, in light of the war in Ukraine. DW's Juri Rescheto went to Latvia's majority Russian-speaking city of Daugavpils to find out how that's going down.
18 mins ago
For years, the US has been arming and training Ukraine's army. But recent reports claim American intelligence is now helping deliver major blows to the Russian military. Could this heat up the Ukraine conflict further?
1 day ago
An Alabama ban on the provision of gender-affirming medication for minors has been blocked by a federal judge. Transgender rights have become a bone of contention for right-wing Republicans.
1 day ago
The war in Ukraine is having a drastic impact on Africa. Prices for wheat, gas and gasoline are at record highs. Crisis regions could see things get worse than they already are.
1 day ago
The Ukrainian resistance in Irpin played a key role in holding off the Russian advance on the capital Kyiv during the first few weeks of the war. But the middle-class commuter town paid a heavy price. More than 300 civilians were killed and tens of thousands fled. Now, more than a month after the Russian withdrawal, residents are beginning to return to try to rebuild their lives. Reconstruction is slowly getting under way, but an estimated €800 million is needed to build new homes. FRANCE 24's Nadia Massih, Bastien Renouil and Raïd Abu Zaideh report from Irpin.