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Month: June 2024

Posted on 18/06/2024

SMEIC: The Acquisition Of Shanghai Prime Will Form Complementary Advantages And Help Enhance Shareholder Returns

On 15 May, Shanghai Mechanical & Electrical industry Co., Ltd. (hereinafter referred to as“SMEIC” or the“Company”, 600835) disclosed the Announcement on Related Transaction of Shanghai Mechanical & ... ( read original story ...)

Posted on 18/06/2024

Diplomatic Envoys to China Visit Fosun: Appreciating Oriental Lifestyle Aesthetics and Seeking Opportunities for Business Cooperation

SHANGHAI, June 18, 2024 /PRNewswire/ -- Over 40 guests ... As a global innovation-driven consumer group, Fosun has established a profound business presence in more than 35 countries and regions, ... ( read original story ...)

Posted on 18/06/2024

Tesla gains as Shanghai FSD development boosts sentiment; lawsuit filed against former supplier

Shares of Tesla (NASDAQ:TSLA) were up 5.45% in late afternoon trading on Monday. Indications that Tesla (TSLA) was granted approval to test its advanced driver-assistance system on some Shanghai ... ( read original story ...)

Posted on 18/06/2024

Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications

China's semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times. Recent insolvencies, such as that of Shanghai Wusheng ... ( read original story ...)

Posted on 18/06/2024

Stock market today: Asian shares mostly lower as China reports factory output slowed

Shares were mixed in Asia on Monday after China reported its factory output slowed in May, with the property market still deep in the doldrums. U.S. futures edged lower and oil prices fell. Shares ... ( read original story ...)

Posted on 18/06/2024

Stock Market Today: Stocks mixed ahead of Juneteenth week split

Stocks could test more record highs this week as markets look to the extend their solid second quarter performance. ( read original story ...)

Posted on 18/06/2024

Stock market today: Asian shares mixed after AI hopes nudge Wall St to records. BOJ stands pat

U.S. stocks are falling following mixed data on the economy, but hopes for coming cuts to interest rates and Wall Street’s continued frenzy around artificial-intelligence technology are keeping indexe ... ( read original story ...)

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