Trading in newly launched Beijing Stock Exchange sees downward trend

ANI
24 Nov 2021, 21:48 GMT+10

Hong Kong, November 24 (ANI): Beijing Stock Exchange, which recently opened for business has been witnessing a continuous decline in the trading volume.

The Beijing Stock Exchange (BSE) started trading on November 15, marking a key step in China's efforts to deepen capital market reform and support small businesses, Xinhua reported.

Hong Kong local media has informed that till November 23, the one-day trading of the Beijing Stock Exchange was only one-third of the amount left, a loss of about 67 per cent from the transaction amount as compared to November 15.

In response to the downward trend in the Chinese economy, Premier Li Keqiang convened a meeting on November 22 with local officials in Shanghai.

Meanwhile, the General Office of the State Council of the Communist Party of China issued a document calling for greater efforts to help small and medium-sized enterprises and encourage local governments to arrange relief funds.

A few days ago, the International Monetary Fund (IMF) also released its annual report on the Chinese economy and pointed out that risk are increasing in China's economy. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.

More Information

null in null

International Business

Section

Sources: Meta won’t alter data model, faces fresh EU charges

BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...

Huawei eyes new buyers for AI chips amid U.S. export curbs

SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...

U.S. food prices at risk as Brazil tariff hits key imports

LONDON/NEW YORK CITY: American grocery bills may be headed higher as coffee and orange juice prices face upward pressure from new tariffs...

Filmmaker joins biotech effort to bring back extinct giant bird

WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

Union Minister Sarbananda Sonowal launches capacity-building initiatives worth Rs 276 Crore at Visakhapatnam Port

New Delhi [India], July 14 (ANI): Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal launched multiple Capacity Building...

Mediterranean

Section

Crew extend D Andres Herrera loan, acquire M Hugo Picard

(Photo credit: Adam Cairns/USA TODAY Network via Imagn Images) The Columbus Crew extended defender Andres Herrera's loan from Argentina's...

UAE: CM Mohan Yadav attends 'Madhya Pradesh Business Investment Forum' Program

Dubai [UAE], July 14 (ANI): Madhya Pradesh Chief Minister Dr Mohan Yadav attended the 'Madhya Pradesh Business Investment Forum Program'...

Logistics, supply chain infrastructure, foreign investment feature as key avenues of discussion during MP CM Yadav's UAE visit

Dubai [UAE], July 14 (ANI): Madhya Pradesh Chief Minister Dr Mohan Yadav held wideranging interactions with industry experts for bringing...