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Category: FINANCE

Posted on 20/05/2024

China Market Update: Hong Kong & Mainland China Climb The Great Wall Of Skepticism

Asian equities were largely higher despite the US dollar’s strength overnight though India was on holiday for election day. ( read original story ...)

Posted on 20/05/2024

Can A New Model Y Challenger Get Nio Stock Back On Track?

SHANGHAI, CHINA - MAY 15 ... an increase of about 40% for the S&P 500 over this roughly 3-year period. Notably, NIO stock has underperformed the broader market in each of the last 3 years. Returns for ... ( read original story ...)

Posted on 20/05/2024

Shanghai Interbank Offered Rate holds steady on Monday at 1.719 percent

(MENAFN) On Monday, the overnight Shanghai Interbank Offered Rate (Shibor), a key indicator ... the general trend suggests a balanced borrowing landscape, facilitating smooth financial intermediation ... ( read original story ...)

Posted on 20/05/2024

ECARX Announces First Quarter 2024 Unaudited Financial Results

SHANGHAI, China, May 20, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the ... ( read original story ...)

Posted on 20/05/2024

Stock market today: Asian stocks advance after Wall Street closes out another winning week

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 ...)

Posted on 20/05/2024

Qifu Technology Announces First Quarter 2024 Unaudited Financial Results

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 ...)

Posted on 19/05/2024

China property: revival in Shanghai, Beijing and Shenzhen luxury home prices bodes well for mass market

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 ...)

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