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Category: FINANCE

Posted on 19/06/2024

China To Reform Shanghai’s Nasdaq-Style Star Market To Align More With Xi Jinping’s ‘New Productive Force’ Initiative: Securities Watchdog

These measures are part of the CSRC's broader strategy to drive tech innovation and enhance the quality of listed companies. ( read original story ...)

Posted on 19/06/2024

Within one week, Shanghai Hi- Dolphin COFE+ completed its Series A second round of financing

Dubbed as the "world's first light store," Shanghai Hi-Dolphin COFE+ robot coffee once again officially announced that its Series A second round of financing has been completed, with this round of ... ( read original story ...)

Posted on 19/06/2024

Chinese Semiconductor Industry Faces Turmoil as US Intensifies Restrictions: 23 Firms Withdraw from IPO

The Chinese Semiconductor Industry is currently the world’s largest market in terms of consumption. China represents 53.7% of worldwide chip sales. However, a large percentage are imported from ... ( read original story ...)

Posted on 19/06/2024

Hong Kong may reap bonanza as China expedites approvals for offshore IPOs

Market watchdog’s second-in-command tells Lujiazui Forum that the pace of approvals has already picked up, but is ‘still not sufficient’. ( read original story ...)

Posted on 19/06/2024

China takes firm steps to prevent exchange rate overshooting: central bank governor

Pan Gongsheng, governor of the People's Bank of China, during the 15th Lujiazui Forum in Shanghai, June 19, 2024. [Photo/VCG] SHANGHAI -- China has taken firm steps to prevent the risks of exchange ... ( read original story ...)

Posted on 19/06/2024

China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

Speaking at the 15th Lujiazui Forum in Shanghai on Wednesday, Pan Gongsheng said the People’s Bank of China (PBOC) will avoid drastic policy changes while taking into account other objectives such as ... ( read original story ...)

Posted on 19/06/2024

China to keep monetary policy accommodative: central bank governor

SHANGHAI -- China will continue to keep its monetary policy accommodative and strengthen counter-cyclical and inter-temporal adjustments, the central bank governor said Wednesday. The move will help ... ( read original story ...)

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