After struggling for nearly a year to stay afloat under the zero-COVID regime, small businesses in Shanghai are having mixed feelings about Beijing's policy pivot. Concerns about a resurgence in cases ... ( read original story ...)
Exclusive-Geely’s Premium Electric Car Brand Zeekr Seeks Over $1 Billion In U.S IPO – Sources
In what would be the first major Chinese float in the United States in more than a year and a half, Zeekr is seeking a valuation of more than $10 billion, two of the sources said. That compares with a ... ( read original story ...)
Shanghai Should Open Up Its Bond Market More to Derivatives, Official Says
Shanghai should expand the scope of its markets and portfolio of investment products to include more financial derivatives so as to leverage the metropolis’ strengths as an aggregator of factor ... ( read original story ...)
Shanghai Composite Index Fell 0.87% on Monday
China’s benchmark Shanghai Composite Index lost 0.87% on Monday, while the Shenzhen Component Index fell 0.89%. Shanghai’s tech-heavy STAR 50 Index gained 0.29% for the day, w ... ( read original story ...)
Stock Market Today LIVE: Sensex falls 460 points, Nifty down 130 points; Infosys, Asian Paints among top losers
LIVE: In the 50-stock Nifty50, 9 stocks adanced against 41 declines. The top gainers were Coal India, Mahindra & Mahindra, Dr Reddy's Laboratories, Britannia and Hero MotoCorp while the top losers ... ( read original story ...)
Waning trust: China shadow banks pivot away from property to survive
Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too risky for traditional ... ( read original story ...)
Bentley’s China orders slowed by shutdowns; company has no IPO plans
Volkswagen’s Bentley expects a slight drop in production in 2023 as shutdowns in China have slowed orders, the British luxury carmaker’s chief executive said on Wednesday. While its customers are ... ( read original story ...)