S&P 500 Futures fell 0.1% in Asian trade, steadying after the S&P 500 surged 1.5% on Friday. Wall Street’s rally was sparked chiefly by Fed Chair Jerome Powell signaling more openness to cut interest ... ( read original story ...)
Chinese stocks end the week with high note; AI, tech send Shanghai stocks to decade high
Chinese stocks capped a week of gain on Friday, with the Shanghai benchmark index closing at its highest point in a decade. Chinese analysts said the performance highlighted the effectiveness of ... ( read original story ...)
Bad loans rise sharply in Shanghai bank sector
At the Shanghai branch of Beijing-headquartered China Citic Bank - listed in Shanghai and Hong Kong - the non-performing loan (NPL) ratio jumped to about 5 per cent of total outstanding loans this ... ( read original story ...)
Shanghai Stock Market Hits Decade High, Fueled by Key Fintech Developments and Growing Stablecoin Adoption
China’s mainland stock market reached a significant milestone as the Shanghai Composite Index closed at its highest level since August 2015. ( read original story ...)
LEPU ScienTech Reports Strong Interim Financial Performance for 2025
Co., Ltd. Class H ( (HK:2291) ) is now available. LEPU ScienTech Medical Technology announced a significant increase in its financial performance for the first half of 2025, with a 32.4% rise in ... ( read original story ...)
First Shanghai Investments Reports Mixed Interim Results for 2025
The latest announcement is out from First Shanghai Investments Limited ( ($HK:0227) ). First Shanghai Investments Limited reported its unaudited ... ( read original story ...)
FAW, China’s oldest carmaker, eyes 10% of Leapmotor to boost stake in EV surge
FAW Group, mainland China's oldest carmaker, plans to acquire a 10 per cent stake in Stellantis-backed electric vehicle (EV) maker Leapmotor, as the state-owned automotive giant looks to enhance its ... ( read original story ...)