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Category: FINANCE

Posted on 13/05/2023

REFILE-UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO

May 12 (Reuters) - Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong ... ( read original story ...)

Posted on 12/05/2023

Rental Giant Cubic City Seeks IPO Boost As Rivalry Looms

Hit by Covid lockdowns, Cubic City slipped from profit to loss last year Competition in the tenanted property sector is likely to intensify as more of China’s housing stock is offered for rent  By Ken ... ( read original story ...)

Posted on 12/05/2023

Stock market today: Asian shares mostly lower on looming worry over US banks, China growth

A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, May 12, 2023, in Tokyo. Asian shares were mostly lower Friday on l ... ( read original story ...)

Posted on 12/05/2023

WeChat post about 70 per cent pay cut by employee of Shanghai Pudong Development Bank unit sparks protest over salaries against lender’s IT vendor

Protests made headlines because millions of Chinese employees are worried about wage incomes and job prospects, consultant says SPDB says employees and the outsourced IT firm are in talks to find ... ( read original story ...)

Posted on 12/05/2023

Stock Market Live: Sensex, Nifty 50 likely to open lower tracking global cues

IST Global Market Cue | Asian markets mixed after weak handover from Wall Street Asian markets trade mixed following a lower close on Wall Street. MSCI's broadest index of Asia Pacific shares outside Japan is down 0. ( read original story ...)

Posted on 12/05/2023

UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO

Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong listing by May 25. ( read original story ...)

Posted on 12/05/2023

China Stock Market: Support Anticipated At 3,300 Points

(RTTNews) - The China stock market has moved lower in three straight sessions, sinking more than 85 points or 2.6 percent along the way. The Shanghai Composite Index now sits just beneath the ... ( read original story ...)

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