Chinese A-share assets are likely to continue outperforming most overseas equities in 2021, thanks to the country"s robust economic recovery and the inflow of capital from foreign investors and domestic residents, experts said on Thursday.The CSI 300 index, a benchmark of the A-share market, has climbed 6.79 percent since the beginning of 2021 to Thursday"s close at 5564.97 points, trading around its highest level in 13 years and outrunning the S&P 500"s 2.55-percent rise this year as of Wednesd

Hong Kong"s capital markets remained resilient despite challenges last year and in many ways came out of 2020 stronger than ever, Laura Cha Shih May-lung, chairperson of Hong Kong Exchanges and Clearing Limited (HKEX), said Monday."Hong Kong"s role as an international financial center connecting mainland ... and the rest of the world will be more relevant than ever despite significant market volatility around the globe," the chairperson said when speaking at an online financial forum.She attribu

CDR plan follows solid PC sales during COVID; proceeds for R&D, investmentsShares of Chinese mainland technology heavyweight Lenovo Group Ltd on the Hong Kong bourse jumped nearly 10 percent to HK $8.83 ($1.14) on Wednesday, after the company said it planned to issue Chinese depositary receipts on the STAR Market in Shanghai.The Shanghai Stock Exchange"s Science and Technology Innovation Board is also known as the STAR Market.Lenovo"s CDR plan came on the heels of strong sales of personal comput

Qilian International Holding Group Limited, a China-based pharmaceutical and chemical products manufacturer, made its public debut on Nasdaq Global Market on Tuesday under the ticker symbol QLI.The deal involved 5 million ordinary shares at a price of 5 U.S. dollars per share, according to the company"s prospectus.The company expects to receive aggregate gross proceeds of 25 million dollars from its initial public offering (IPO) before fees. The company has granted the underwriters a 45-day opti

The planned delisting of three Chinese telecom companies by the New York Stock Exchange under a US government order will have a limited impact on their operations, but will harm global investor confidence in the United States as an important financial hub, officials and analysts said.The comments came after the NYSE said on its official website on Thursday that to comply with a US government order, it planned to commence proceedings to delist China Telecom Corp Ltd, China Mobile Ltd and China Un

China"s National Equities Exchange and Quotations (NEEQ), also known as the "new third board," saw a turnover of over 129.5 billion yuan (about 19.8 billion U.S. dollars) in 2020.The figure represents a significant increase from the 2019 turnover of over 80 billion yuan.In 2020, the total amount of stock issuance by listed companies on the board was 33.76 billion yuan, a marked increase from the previous year.As of Thursday, 8,187 companies were listed on the NEEQ.Launched in 2013, the NEEQ inte

China"s stock exchanges on Thursday released a series of revised delisting rules after soliciting public opinions earlier this month.The new round of reform on delisting rules gives full play to the role of the market, and draws on the experience of the science and technology innovation board and the ChiNext board"s pilot delisting reforms, according to the China Securities Regulatory Commission (CSRC).Trading indicators such as stock prices and market values will play a greater role, and more e

Initial public offering (IPO) fundraising in China"s A-share market hit a 10-year high in 2020, despite the COVID-19 pandemic. The IPO market is likely to be positive next year, said financial institutions. Both the Chinese mainland and Hong Kong hosted bigger IPOs this year. The Shanghai Stock Exchange ranked No.1 among global exchanges in terms of deal volumes. The top three deals around the world came from the Chinese mainland and Hong Kong markets.The results were driven by bigger deals and

Around 1.53 million investors in China opened accounts to trade in stocks on the Shanghai and Shenzhen bourses in November, industry data showed.The figure is an increase of 84.77 percent from the same period last year, according to the China Securities Depository and Clearing Corporation Limited.Individuals accounted for the majority of new investors, reaching over 1.52 million, while new institutional investors stood at 3,500.By the end of November, the number of investors with A-share account

Though minor adjustments will be made in FTSE Russell products due to external uncertainties, international investors" long-term interest in Chinese companies, given their growth potential, remains unchanged, said experts.The UK-based index provider FTSE Russell, which is owned by the London Stock Exchange Group, said on Friday that it will remove shares of eight Chinese companies from certain products. As the index compiler explained, the latest action is mainly based on feedback from index sub

The performance of securitization transactions in China continues to improve as indicated by lowering delinquencies and rebounding prepayments, Fitch said in a report.The rating agency has attributed the improvement to the country"s healthy economic recovery.Auto asset-backed securities (ABS) appeared to have shrugged off pandemic stresses as key indicators return to pre-pandemic levels, Fitch said.Supported by falling unemployment and rising incomes, the annualized gross loss (AGL) index for au

The Shanghai and Shenzhen bourses had around 1.12 million new investors in October, up 41.11 percent from the same period last year.But the figure was down 27.33 percent from September, according to the China Securities Depository and Clearing Corporation Limited.By the end of October, the total number of securities investors stood at 174.62 million, up 10.44 percent year on year.The increase came after the recent resilient performance of stocks on the two bourses despite the impact of COVID-19.