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Month: May 2020

Posted on 27/05/2020

Stock Futures Advance on Economy Hopes; Yuan Sinks: Markets Wrap

U.S. and European stock futures saw modest gains, while Asian indexes were mixed Wednesday, as investors weigh hopes for economic recovery against deepening U.S.-China strains. The yuan retreated. ( read original story ...)

Posted on 27/05/2020

Should You Buy Sinopec Shanghai Petrochemical Company Limited (SHI)?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F ... ( read original story ...)

Posted on 27/05/2020

Shanghai hopes pent-up consumer spending will boost economy, but poll shows big-ticket purchases have been put on hold amid gloomy outlook

Shanghai is pinning its hopes on buoyant consumer spending boosting the local economy, and has encouraged manufacturers, retailers and online-shopping platforms to offer discounts to attract shoppers. ( read original story ...)

Posted on 27/05/2020

Shanghai Stock Exchange Mulls First Revamp of Benchmark in 30 Years

The Shanghai Stock Exchange is considering the first overhaul of its benchmark index in three decades so that it better reflects China’s increasingly high-tech economy, according to people familiar ... ( read original story ...)

Posted on 27/05/2020

China shares end higher as c.bank governor boosts support hopes

China shares ended higher on Tuesday as investors cheered a pledge by the central bank to strengthen policies aimed at reviving an economy paralysed by the coronavirus pandemic. S hanghai stocks add 1 ... ( read original story ...)

Posted on 27/05/2020

Shanghai upgrades public phone booths to mini 5G base stations

More than 10 public phone booths in downtown Shanghai have been repurposed for small and micro 5G base stations to support the city's 5G network. Zhang Jun, from the Shanghai branch of China Telecom, ... ( read original story ...)

Posted on 27/05/2020

UPDATE 1-China’s Dada Nexus to kick off $500 mln U.S. IPO this week -sources

Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China ... ( read original story ...)

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