Category: FINANCE

Asian stocks have advanced after U.S. stock indexes drifted near their records on Friday ... crashed in the mountainou s northwest reaches of Iran on Sunday. China's market extended last week's gains after the central bank announced new support for the ... ( read original story ...)

SHANGHAI, China, May 19, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its ... ( read original story ...)

Rich investors are snapping up luxury homes in Shanghai at a fast clip, with the segment picking up pace in other top tier cities as well Developers in Shanghai sold 24 billion yuan (US$3.3 billion) worth of luxury homes, ( read original story ...)

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market Asian shares were ... Seng jumped 0.7% to 19,512.54 and the Shanghai Composite index surged 0.8% to ... ( read original story ...)

As an important activity of the financial market, program trading can help stimulate market activity and improve liquidity. But it may also undermine market fairness and aggravate market volatility if lacking adequate supervision, said Chen Li, chief economist of Chuancai Securities. ( read original story ...)

Basic and diluted net loss per ordinary share were RMB0.12 (US$0.02) for the first quarter of 2024, compared to basic and diluted net earnings per ordinary share of RMB0.04 for the same period of 2023 ... ( read original story ...)

A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but faces one major hurdle: the participants in the scheme are struggling to ... ( read original story ...)