The one-year loan prime rate was set at 3.8 per cent, the first reduction since April 2020. . Read more at straitstimes.com. ( read original story ...)
China Boosts Property Support With M&A Funding, Bank Rate Cut
China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown. Authorities are encouraging banks to fund acquisitions of ... ( read original story ...)
SenseTime unveils revamped IPO
SenseTime Group, an artificial intelligence software developer, has relaunched its Hong Kong IPO a week after putting the deal on hold due to unexpected sanctions from the US Department of the ... ( read original story ...)
IPOs in Asia face headwinds after bumper year
After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech. ( read original story ...)
SenseTime Reopens IPO, Gets $512 Million From Cornerstones
Chinese artificial intelligence firm SenseTime Group Inc. secured about $512 million from nine cornerstone investors, as it reopened orders Monday for an initial public offering delayed by concerns ... ( read original story ...)
China Stock Market Tipped To Open In The Red On Monday
The China stock market headed south again on Friday, one session after ending the two-day slide in which it had fallen nearly 35 points or 1 percent. The Shanghai Composite Index now rests just above ... ( read original story ...)
Share Market LIVE: SGX Nifty hints at a weak start for Sensex, Nifty; Shriram Properties shares to list today
During the early hours of trade, SGX Nifty was down with losses, hinting at a gap-down start for domestic indices. ( read original story ...)