A surge in Chinese equities, as well as a massive improvement in services-sector data, lifted U.S. stocks and sent the Nasdaq to new highs Monday. ( read original story ...)
Shanghai jumps nearly 2% as it builds on Monday momentum
Stocks in mainland China continued to lead gains among the region's major markets for a second day after Monday's blockbuster gains, with the Shanghai composite rising 1.81% in early trade ... ( read original story ...)
China’s Stock Market Just Entered Bubble Territory. The U.S. Could Be Next.
Those gains were paltry, however, next to China’s Shanghai Composite gained 5.7% to 3332.88, its biggest gain since July 9, 2015. The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR), which tracks ... ( read original story ...)
Cambricon to Raise $367.8 Million in IPO Amid Chinese Chip Fever
AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story ...)
Monday’s Stock Market Open: US Equities Jump After Shanghai Stocks Surge Almost 6%
WHO confirmed more than 200,000 covid19 cases over a 24-hour period on Saturday, a new record The U.S. confirmed more than 45,000 new cases on Saturday Shanghai Stock Exchange surged 5.7% U.S. stocks ... ( read original story ...)
Dow jumps 350 points as China encourages stock-buying to support virus recovery
US stocks jumped Monday following a rally in China, where stock-buying was encouraged to support the recovery from the coronavirus crisis. The ... ( read original story ...)
BRIEF-Nanjing Vishee Medical Technology Aims To Raise Up To 1.15 Bln Yuan In Shanghai Star Market IPO
Nanjing Vishee Medical Technology Co Ltd * SAYS IT AIMS TO RAISE UP TO 1.15 BILLION YUAN ($163.79 million) AT 67.58 YUAN PER SHARE IN SHANGHAI STAR MARKET IPO S ... ( read original story ...)