Category: FINANCE

China’s biggest quant funds beat the market for years by applying complicated statistical models to stock picking. But they didn’t model a key factor—the government.Quantitative funds, which use ... ( read original story ...)

U.S. futures traded higher on Thursday morning as investors looked forward to another key inflation report set for release today. Futures on the Nasdaq 100 (NDX), S&P 500 (SPX), and the Dow Jones ... ( read original story ...)

The Fed is widely expected to cut interest rates this year if inflation cools, and markets now see a 65% chance of a rate cut in June, though that has edged down from 71% earlier in the week, ... ( read original story ...)

DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence (AI) for mobile devices, has selected banks to prepare for its Hong Kong initial public offering ... ( read original story ...)

The experience of developed countries has shown that once per capita GDP exceeds $15,000, services consumption will play a dominant role in household consumption expenditures. Shanghai's per capita ... ( read original story ...)

New plan kicks off on Friday, but details remain scarce about how exactly it will address some of the biggest concerns facing foreign firms operating in China Foreign chambers appear both hopeful and ... ( read original story ...)

Lotus Tech’s debut on the public market hasn’t unfolded as smoothly as Geely anticipated. Within just two weeks of its listing on Nasdaq, shares have plummeted nearly 40%, dropping from $13.80 at the ... ( read original story ...)