China’s benchmark Shanghai Composite Index gained 0.5% on Wednesday, while the Shenzhen Component Index rose 1.08%. Shanghai’s tech-heavy STAR 50 Index gained 1.67% for the da ... ( read original story ...)
Chinese CPU designer Loongson looks for $500m in STAR IPO
Loongson Technology on Monday filed for an IPO on Shanghai's Nasdaq-style STAR Market, as the central processing unit designer looks to raise 3.5 billion yuan ($544 million) amid a government drive to ... ( read original story ...)
Nio Stock Extends Rally: What’s Going On?
Shares of Chinese electric vehicle maker Nio Inc. (NYSE: NIO) closed almost 2% higher in the regular session on Tuesday, extending its rally from the previous session. What Happened: Nio’s shares rose ... ( read original story ...)
AIA to Buy 25% Stake in China Post Life for USD1.9 Billion to Tap Into Its Bank Sales Channels
AIA will buy a nearly 25 percent stake in Beijing-based China Post Life Insurance, the Hong Kong-headquartered buyer said in a statement yesterday. A deal was expected. In April, China Post Life said ... ( read original story ...)
Shanghai Nonferrous Network visits China people’s holding Group to promote in-depth exchanges and cooperation
During this visit, the two sides conducted in-depth discussions and exchanges on business cooperation, the current development situation of the industry, and the current market situation. The people's ... ( read original story ...)
Shanghai maintains excellence in IP protection
The Shanghai Intellectual Property Bureau announced on Monday that Shanghai was given an “excellent” rating in the national inspection and assessment of IP protection last year. The announcement was ... ( read original story ...)
SoftBank-backed Dingdong raises US$95.7 million in downsized US IPO
Chinese grocery app Dingdong, backed by SoftBank Vision Fund 2, raised about US$95.69 million in its U.S. initial public offering on Tuesday after ... ( read original story ...)