Sustained capital inflows from mainland investors lift sentiment and trigger stock market frenzy, reports Xie Yu in Hong Kong.
Foreign exchange reserves held by China slid by the most on record during the first quarter, fueling speculation the central bank sold holdings to support the yuan as money flowed out of the world's second-largest economy.
Investors in the Chinese mainland are permitted to open multiple stock-trading accounts, as regulators on Monday removed the "one person, one account" restriction amid a dramatic bull run in the equities market.
Hong Kong options traders have never been so bullish on the city's stock market after surging inflows from the Chinese mainland propelled the Hang Seng Index to the biggest rally worldwide last week.
Scaling back the multiple-entry permits for mainland visitors may deal a severe blow to the retail industry in the Hong Kong Special Administrative Region, industry analysts said on Monday.
Smartphone vendor says low price, high quality will be winning formula in the world's most competitive market, reports Gao Yuan.
It would be inaccurate to compare China's New Third Board, the pilot national share transfer system for small and medium-sized enterprises, with the Nasdaq Stock Market in the United States, Yeeli Hua Zheng, chief representative of the US stock exchange in China, said on Monday.
Online preorders of Apple Inc's new smartwatch, which came with a jaw-dropping price tag, have sold out in China in just two days, the US company has revealed.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
