Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment concerns at two of the country's biggest developers deepened a crisis of confidence in the ... ( read original story ...)
Stock market today: Wall Street rises ahead of what’s hoped to be the last Fed rate hike in a while
Wall Street is ticking higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading. ( read original story ...)
As WWII Survivors Dwindle, Their Stories Live On: Exhibition on Jewish Refugees in Shanghai to Open in NYC
SHANGHAI, CHINA - Media OutReach - 24 July 2023 - As part of a wave of new cultural projects that honor the legacy of the 20,000 Jewish refugees who escaped Nazi persecution during World War II and ... ( read original story ...)
China property developers’ shares, bonds dive as sector worries deepen
Shares in China's property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on debt concerns. ( read original story ...)
China’s second-largest chip foundry Hua Hong Semiconductor to raise $3 billion in planned Shanghai IPO
VCG. Hua Hong Semiconductor, China's second-largest chip foundry, announced on Monday that it aims to raise up to 21.2 billion yuan ($ ... ( read original story ...)
Stock market today: World shares mixed as investors watch for Fed rate hike
World shares are mixed as investors cautiously await another interest rate hike by the Federal Reserve. Benchmarks rose in Tokyo and Frankfurt but fell in Paris and Shanghai. London was flat. U.S. ( read original story ...)
Hua Hong plans to strengthen automotive chip portfolio with China’s biggest IPO this year
Shanghai-based Hua Hong Semiconductor has revealed its plan to raise CNY21.20 billion (US$2.95 billion) through an initial public offering on Shanghai's STAR board. The foundry aims to sell 407.75 ... ( read original story ...)