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Month: July 2020

Posted on 16/07/2020

Shares of China’s biggest chipmaker SMIC surge nearly 202% in Shanghai debut

SMIC is seen as a key player in China's ambition to boost its domestic semiconductor industry, a push that has been accelerated by the trade war between the U.S. and China. ( read original story ...)

Posted on 16/07/2020

Shanghai stocks fall after mixed economic data

Stocks in Asia retreated on Thursday as investors digested figures showing China's economy returned to growth in the latest quarter. ( read original story ...)

Posted on 16/07/2020

Ping An’s Bond Default Analysis Wins in Financial Category at Artificial Intelligence World Innovations Competition

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) is pleased to announce that the Ola-Bond Default Analysis developed by Ping An Technology (Shenzhen) ... ( read original story ...)

Posted on 16/07/2020

Shanghai Composite slumps 4% after data and as vaccine hopes fade

The Shanghai Composite index SHCOMP, -4.49% led Thursday’s declines, dropping 4.5%. Benchmarks also fell in Tokyo, Hong Kong and Sydney. News that China’s economy grew 3.2% in annual terms in ... ( read original story ...)

Posted on 16/07/2020

SMIC shares soar in Shanghai, in a successful debut that may give more Chinese stocks confidence to leave US market

China's biggest chip maker, surged on its stock debut, more than tripling its value in the midst of a state-endorsed bull market while setting a successful bookend to its exodus from the New York ... ( read original story ...)

Posted on 16/07/2020

Shanghai Composite Index tumbles the most since when China coronavirus lockdowns were first imposed five months ago

Investors are worried that stocks have risen too quickly and that authorities may put in more cooling measures. Also, they are concerned that the stronger-than-expected economic data out of China will ... ( read original story ...)

Posted on 16/07/2020

SMIC shares surge over 200% in Shanghai debut

The contrast in share prices shows how international investors are cool on the prospects for SMIC despite strong support from the state. ( read original story ...)

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