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Category: FINANCE

Posted on 11/10/2023

Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higher

In South Korea, the Kospi jumped 2.5%, to 2,462.10 after Samsung Electronics reported improved quarterly earnings. Samsung's shares surged 4.4%, while SK Hynix's were up 3.3%. Analysts say the worst ... ( read original story ...)

Posted on 11/10/2023

China Stock Market May Halt Losing Streak On Wednesday

The China stock market has moved lower in two straight sessions, sinking more than 35 points or 1.2 percent in that span. The ... ( read original story ...)

Posted on 10/10/2023

Chinese IPOs Are Cleared For Takeoff, But Will Investors Bite?

The U.S. market has been largely considered a gold standard for listings, and Chinese companies have been courted by U.S. investors. ( read original story ...)

Posted on 09/10/2023

Shanghai Stock Exchange investigates Zhejiang Guoxiang following IPO suspension

The Shanghai Stock Exchange (SSE) said on Monday that it will investigate air-conditioning equipment maker Zhejiang Guoxiang Co Ltd after its IPO process has been suspended amid media reports over ... ( read original story ...)

Posted on 08/10/2023

China’s third-quarter IPOs decline amid efforts by regulator to tighten the pace of fundraising

In the first nine months of the year, a total of 264 new share listings in mainland China raised 323.6 billion yuan, which marked a 0.33 per cent decline from the number of IPOs in the same period in ... ( read original story ...)

Posted on 07/10/2023

In another unexpected move, China expels top financial expert and former Bank of China chairman from Communist Party

China's ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti-graft watchdog said ... ( read original story ...)

Posted on 07/10/2023

China Expels Former Bank of China Chairman From Communist Party

SHANGHAI (Reuters) - China's ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti ... ( read original story ...)

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