Car-hailing service Didi Global became the latest Chinese stock delisted from the US markets when it voluntarily exited NYSE on Friday following pressure from Beijing.
A net 26.1 billion yuan, or $3.9 billion, flowed into Chinese mainland-listed stocks via the Hong Kong Stock Connect programme in the first five days of June
Vote to delist the ride-hailing giant's ADS from the New York Stock Exchange ends saga after 2021 listing drew Beijing's ire.
The benchmark Shanghai Composite Index has slumped more than 8% in April, heading for its worst month in six years
Poor sentiment has pushed down the country’s CSI 300 stock benchmark 10% this month, as investors and analysts warn of more losses to come
China is encouraging long-term investors to buy more equities and major shareholders of listed firms to increase holdings when stocks slump, to stabilise a market rocked by the Covid outbreak.
The Hang Seng jumped 9% to above the 20,000 mark with its Tech Index logging its biggest daily gain of 22%, recovering most of its recent losses
Despite a tough year for China stocks, the green energy, small cap and fintech sectors all saw stellar performances this year.