Chinese stocks fall the most in four months on Thursday, as a selloff swept the financial sector after a unit of China’s sovereign-wealth fund cut its stakes in state-owned banks for the first time.

Topics:  china s   stocks   sovereign   fund   stakes   banks   
BING NEWS:
  • China’s Sovereign Fund Ramped Up ETF Purchases to Lift Stocks
    China’s sovereign wealth fund likely bought at least $43 billion of onshore exchange-traded funds in the first quarter, Bloomberg’s analysis shows, shedding light on the extent of state rescue to stem ...
    04/22/2024 - 8:57 pm | View Link
  • South Asia
    China has pledged to develop the Colombo International Airport and Hambantota port, and play a ‘positive role’ in Sri Lanka’s debt restructuring. Hijra, a legally recognised third gender in ...
    04/22/2024 - 8:30 am | View Link
  • Southeast Asia
    Several prominent Filipinos say the deal has effectively handed control of the Second Thomas Shoal to China. Several prominent ... on casinos to India’s high-stakes parliamentary election ...
    04/14/2024 - 10:06 am | View Link
  • Is Southeast Asia Leaning More Toward China? New Survey Shows Mixed Results
    For the first time in the five years that Southeast Asians have been annually surveyed on who their preferred partner would be if they had to align with China or the United States, China has ...
    04/1/2024 - 11:15 pm | View Link
  • China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
    Imagine jumping on a train in southwestern China, traveling some 2,000 miles ... “Money that was loaned to the Lao government through Chinese sovereign lending, has to be re-paid and soon.
    03/25/2024 - 5:05 pm | View Link
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