Shanghai-based NIO is backed by Chinese internet giant Tencent Holdings Ltd. and Chinese private equity firm Hillhouse Capital Group. The four-year-old company plans to use $650 million in the proceed... ( read original story ...)
Shanghai: SSE Composite Index (.SSEC) shares mixed at close of trade
Life Insurance and Financials sectors led shares lower. At the close in Shanghai, the Shanghai Composite declined 0.32%, while the SZSE Component index gained 0.36%. The biggest gainers of the session ... ( read original story ...)
5 things to know about the IPO of Nio, AKA the ‘Chinese Tesla’
Nio Inc., a Shanghai-based electric-car maker ... If Nio succeeds in raising that sum, it would mark the fourth largest U.S. IPO this year, behind Axa Equitable Holdings’ EQH, -0.78% $3.16 billion, Pa... ( read original story ...)
Shanghai Ranking: Israel’s Technion, Hebrew University in top 100
The top 10 universities in Shanghai Ranking remained Harvard at the top ... which we inaugurated late least year the Jacobs Technion-Cornell institute (JTCI) in New York and the Guangdong Technion Isr... ( read original story ...)
HSBC to roll out more digital services for firms
THE HONG KONG and Shanghai Banking Corp. (HSBC) is looking to roll out more mobile services to corporate clients in the Philippines over the coming year, following a jump in its credit card business s... ( read original story ...)
No Stopping China Property Market as Small Cities Set Record
“The pent-up demand is too strong to be fully curbed,” Yang Kewei, Shanghai-based research director at China Real Estate Information Corp., said before the release. “It’s entirely possible that later ... ( read original story ...)
Technion, Hebrew University on Shanghai 100 list
Two Israeli universities, the Technion—Israel Institute of Technology and the Hebrew University of Jerusalem, were included in the annual list of world’s best universities published by Academic Rankin... ( read original story ...)