Speaking at a keynote of the MWC Shanghai 2024 for the 5G-A and AI Roundtable on 28 June, the Vice President and Chief Marketing Officer of Huawei Wireless Solution, Eric Zhao, unveiled a plan to ... ( read original story ...)
Stock market today: Asian shares advance ahead of U.S. inflation report
Hong Kong's Hang Seng added 0.3% to 17,767.93, while the Shanghai Composite surged 0.9% to 2,971.18 ... The yield on the two-year Treasury fell to 4.71% from 4.75%. The stock market has been listless this week in the lead up to Friday’s release of ... ( read original story ...)
Canada’s fashion brand Aldo picks Shanghai for comeback
Canada-based fashion footwear, handbag and accessories company Aldo has made an ambitious comeback to the China market by opening a flagship store in Shanghai on June 15. The company plans to operate ... ( read original story ...)
Stock Market News Today, 6/28/24 – Futures Flat Ahead of PCE Data
U.S. futures hovered near the flatline on early Friday morning as investors awaited the release of the U.S. Personal Consumption Expenditures ( read original story ...)
US and Chinese companies are expecting to raise $500 million from Hong Kong IPOs
Four companies including a Chinese generative artificial intelligence firm and a United States based jet manufacturer launched initial public offerings (IPOs) in Hong Kong on Friday. The companies are ... ( read original story ...)
Nike Stock Tanks Almost 20% To 4-Year Low: Why The Sneaker Giant’s Struggling
Nike’s stock was down 19.2% by 11 a.m. EDT, on pace for its steepest single-day drop since 2001 and the second-worst day in its 44-year history as a publicly traded company. ( read original story ...)
Chinese memory maker gets $2.4 billion to build HBM for AI processors — Shanghai packaging facility to open in 2026
Innotron, the parent company of ChangXin Memory Technologies (CXMT), plans to invest $2.4 billion in a new advanced packaging facility in Shanghai. According to Bloomberg, this plant will focus on ... ( read original story ...)