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Category: FINANCE

Posted on 21/09/2023

Stock market today: Wall Street drifts again in the countdown to a Federal Reserve announcement

Asian shares are mostly lower as markets await a decision by the Federal Reserve on interest rates. Trade data for Japan showed exports fell 0.8% last month from a year earlier, marking a second ... ( read original story ...)

Posted on 20/09/2023

Newly listed Chinese car-parts maker raises investors’ hackles for lending US$27 million shares to short sellers

according to data from the Shanghai exchange and China Securities Finance. The move complied with rules that allow senior management of companies involved in initial public offerings (IPOs) as ... ( read original story ...)

Posted on 20/09/2023

Niche tech firms ride favorable policies on way to IPOs

The China Securities Regulatory Commission has said that the nation will temporarily slow the pace of IPOs and further regulate major shareholders' share reductions. Experts said the policy mix will ... ( read original story ...)

Posted on 20/09/2023

Stock market today: Asian shares decline ahead of Fed decision on rates

TOKYO — Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve. ( read original story ...)

Posted on 19/09/2023

Shanghai FTZ drives banking, insurance industry to greater heights

Shanghai's banking and insurance industry has made significant strides in financial openness and innovation in the pilot free trade zone over the past decade, and is gearing up for an even higher ... ( read original story ...)

Posted on 19/09/2023

Tencent-Backed Tuhu Car Set to Price IPO at Bottom of Range

Tuhu Car, an automotive-services company backed by Chinese technology giant Tencent Holdings, is likely to price its initial public offering at the bottom of its marketed range, people familiar with ... ( read original story ...)

Posted on 19/09/2023

UPDATE 1-China’s Tuhu Car to raise $146 mln in Hong Kong IPO -sources

Chinese car maintenance service startup Tuhu Car is set to raise HK$1.137 billion ($146 million) in its Hong Kong initial public offering by pricing its shares at HK$28 apiece, according to three ... ( read original story ...)

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