China stocks rebound but trading volatility remains high
Shanghai
CHINA stocks rebounded on Thursday from the previous session's sharp correction, but high trading volatility reflects lingering investor caution even as Beijing's flurry of rescue measures has managed to stem panic selling.
Investors were also keeping a close eye on the index futures market, where traders are generally still betting on more falls for mainland stocks, which lost about one-third of their value in the recent month-long rout.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales