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Analysts warn of ‘double edged sword’ in China market rally as investors indulge in frenzied, risky trading

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CNBC – For more and to sign up click here Shareholders watch the stock market in a securities business hall. Nanjing, Jiangsu Province, China, 6 July 2020. Costfoto | Barcroft Media | Getty Images China’s recent stock market rally is raising fears that it’s being driven by retail investors indulging......
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Mainland Chinese stocks surge, with Shanghai jumping more than 3% as China keeps benchmark lending rate unchanged

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CNBC – For more and to sign up click here Mainland Chinese stocks rise as China keeps loan prime rate unchanged SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Shares of China’s biggest chipmaker SMIC surge 245% in Shanghai debut

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CNBC – For more and to sign up click here Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images SMIC, China’s biggest chipmaker, saw its shares surge 245% at the open on its first day of......
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Don’t chase Chinese stocks at these levels, traders warn as Alibaba hits all-time high

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The Chinese yuan is still far from becoming a ‘safe-haven’ alternative to the U.S. dollar, Citi says

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CNBC – For more and to sign up click here Don’t expect the Chinese yuan to become a “safe-haven” alternative to the dollar or U.S. Treasurys anytime soon, says Ebrahim Rahbari, global head of foreign exchange analysis at Citi. “I’m very skeptical,” Rahbari told CNBC’s “Street Signs Asia” on Thursday,......
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Shanghai soars nearly 4% as ‘bull sentiment’ drives markets; WHO reports all-time high in coronavirus cases

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CNBC – For more and to sign up click here Stocks in Asia Pacific were higher in Monday morning trade, with stocks in mainland China leading gains regionally. The Shanghai composite soared 3.97% in morning trade while the Shenzhen component rose 2.949%. The Shenzhen composite also jumped 2.781%  Amber Hill Capital’s Jackson......
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IPOs in Hong Kong and Shanghai pop, despite pandemic, tensions with the U.S.

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CNBC – For more and to sign up click here The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic.......
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Only one major Asia Pacific index notched gains in the first half of 2020

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CNBC – For more and to sign up click here Employees and visitors wearing protective masks walk past an electronic stock board at the Shanghai Stock Exchange in Shanghai, China, on Monday, March 2, 2020. Qilai Shen | Bloomberg via Getty Images Only one major index in Asia Pacific ended......
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Asia markets mostly higher as U.S. virus cases surge; Qantas shares in Australia sink 8%

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CNBC – For more and to sign up click here Stocks in Asia Pacific rose in Friday afternoon trade as the coronavirus situation stateside continued to be monitored by investors. In Japan, the Nikkei 225 rose 1.48% as shares of conglomerate Softbank Group jumped more than 3% while the Topix index added......
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He opened his Shanghai restaurant right before the pandemic and nearly gave up. Now, business is thriving

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CNBC – For more and to sign up click here Luca Frigeni, Owner & General Manager of SakeMate, a restaurant in Shanghai SakeMate Luca Frigeni, an Italian businessman living in Shanghai, finally fulfilled his dream late last year when he opened his own restaurant and lounge. But the coronavirus pandemic......

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