Stock market

People walk by the New York Stock Exchange (NYSE) on 6 March 2024 in New York City. (Spencer Platt/AFP)

US economy continues to lead the world

Not only did the US manage to stave off a decline in 2023, it even achieved an annual GDP growth of 2.5%, with its stock market soaring to an all-time high. Commentator Jin Jian Guo notes that the history of the development of the US economy proves how crucial the entrepreneurial spirit is for an economy, helping the US keep its spot as the leading economy in the world.
Pedestrians ride escalators in Pudong's Lujiazui financial district in Shanghai, China, on 29 January 2024. (Raul Ariano/Bloomberg)

China’s economic transformation: Unbearably painful?

Academic Chen Gang notes that while China needs to reform its current economy to maintain growth, whatever adjustments that are made will have to be bearable for the people. Also, some measures may be painful, but necessary.
People visit a shopping mall in Beijing, China, on 18 February 2024. (Pedro Pardo/AFP)

China’s capital market faces challenge of shrinking population

Chinese academic Han Heyuan notes that amid longstanding challenges, an emerging issue could sink China’s capital market further in dire straits: a declining population.
An electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on 29 January 2024. (Raul Ariano/Bloomberg)

Private equity in China heads for exits amid three-year stock slump

China ended 2023 with the world’s worst-performing equity market as the blue-chip CSI 300 Index fell for the third straight year, plunging 35% over 36 months, making it difficult for private equity and venture capital firms to exit their investments. How will these firms deal with the country's stock slump?
An electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on 29 January 2024. (Raul Ariano/Bloomberg)

Can China’s ailing stock market turn the tide after the Chinese New Year?

Government intervention has seemingly given investors some respite amid the tumbling stock market. However, can the upward trend continue past the Chinese New Year? Lianhe Zaobao correspondent Yang Danxu looks into the matter.
Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on 29 January 2024. (Raul Ariano/Bloomberg)

China’s three-year stock slump resists policy prescriptions for rebound

China ended the year with the world’s worst-performing equity market and its blue-chip CSI 300 Index down for the third straight year, losing 35% over 36 months. Amid different approaches to stabilising the stock market, several economists think that the key is to formulate appropriate policies and promoting necessary structural reforms to help get the economy back on track to its potential growth rate.
A woman poses for photographs in front of publicity posters for Blossoms Shanghai in front of Fairmont Peace Hotel in Shanghai, China, on 11 January 2024. (CNS)

Wong Kar-wai's Blossoms Shanghai stirs up nostalgia for Shanghai of the 1990s

As the popular TV series Blossoms Shanghai shows the thriving Shanghai of the 1990s, the Shanghai of today is a far cry from the TV series. How can Shanghai find its rhythm again?
The logo of Tencent is seen at a Tencent office in Shanghai, China, on 13 December 2021. (Aly Song/Reuters)

China’s gaming industry takes a hit amid challenging outlook

The proposal of new gaming regulations in China have sent shockwaves through the industry, with the top gaming company Tencent seeing its market value drop dramatically. Lianhe Zaobao senior correspondent Chew Boon Leong takes a look at the challenges facing the industry.
Motorists and cyclists on the Bund in Shanghai, China, on 9 January 2024. (Qilai Shen/Bloomberg)

[Big read] When will the Chinese stock market thrive again?

Even with the efforts of the Chinese government to revitalise the stock market, investors and shareholders seem to be unconvinced and hesitant in putting in funding, which in turn is not helping the market to recover as fast as would be hoped. What else can be done to bring back the good days?