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Category: FINANCE

Posted on 29/10/2020

Ninebot depositary receipts, China’s first kind in market reform, more than double in Shanghai trading debut

China added another feather in the cap to its more than four decades of financial market reforms with the smashing debut of its newest type of securities on the Shanghai Stock Exchange.Ninebot’s ... ( read original story ...)

Posted on 29/10/2020

New Journey:Shanghai Technology Exchange Opens Today

Shanghai Technology Exchange(hereinafter called the 'STEX')officially opens at the opening ceremony of 2020 Global ... ( read original story ...)

Posted on 29/10/2020

HSBC shares jump 5% after Europe’s biggest bank reports slimmer credit losses and signals it could pay a dividend this year

The Hongkong and Shanghai Banking Corporation, or HSBC, in New York City. Alex Tai/SOPA Images/LightRocket/Getty Images HSBC's posted lower revenue and profits in the third quarter as the ... ( read original story ...)

Posted on 28/10/2020

Shanghai M&G Stationery earnings: here’s what Wall Street expects

Shanghai M&G Stationery will release figures for Q3. Analysts predict Shanghai M&G Stationery will release earnings per share of CNY 0.475. Go here to follow Shangh ... ( read original story ...)

Posted on 27/10/2020

World’s largest IPO shows power of mobile payments in China

These mobile payment codes are the default way money changes hands in China these days, and the reason Ant Group's initial public offering is set to be the world's largest. Support our journalism. ( read original story ...)

Posted on 27/10/2020

World’s biggest IPO shows power of mobile payments in China

Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets at a time of U.S.-China conflict. It is aiming to raise more than $17 billion each in Hong Kong and Shanghai, with ... ( read original story ...)

Posted on 27/10/2020

Ant’s Record IPO To Lift Jack Ma’s Fortune By $27 Bln, Mint 18 Billionaires

Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)

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