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Category: FINANCE

Posted on 14/03/2023

China’s financial market remains stable despite global shockwaves caused by SVB collapse

Following the shockwaves from the collapse of Silicon Valley Bank (SVB) weighed on global bank stocks, China's stock indexes also dipped on Tuesday due to negative sentiment in global financial ... ( read original story ...)

Posted on 14/03/2023

China’s Stock Mkts Closed Updates: SSE Index -0.72%, SZSE Index -0.77%, HSI -2.27%, total trading amount to USD 160 bln

Shanghai Composite Index closed at 3,245.31, down 0.72%, Shenzhen Component Index finished at 11,416.57, down 0.77%, the Hang Seng Index closed at 19,247.96, down 2.27%. The trading volume for three ... ( read original story ...)

Posted on 14/03/2023

SMM Evening Comments (Mar 14): Shanghai Nonferrous Metals Closed Mixed on Silicon Valley Bank Collapse

Shanghai nonferrous metals closed mixed in day trading. On the macro front, the collapse of Silicon Valley Bank set off panic among market players, who we ... ( read original story ...)

Posted on 14/03/2023

Asian markets tumble as SVB fallout fears rattle banking sector

Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ... ( read original story ...)

Posted on 14/03/2023

China central bank set to inject fresh funds through medium-term policy loan

China's central bank is set to inject more liquidity when rolling over maturing medium-term policy loans for a fourth straight month on Wednesday, while keeping the interest rate unchanged, to support ... ( read original story ...)

Posted on 14/03/2023

11 companies get IPO green light under new registration system

The 11 enterprises, five to be listed on the Shanghai Stock Exchange and six on the Shenzhen Stock Exchange, are the first batch of IPO approved after the implementation of the new registration-based ... ( read original story ...)

Posted on 14/03/2023

China self-driving start-up WeRide files for $674 million US IPO, sources say

SHANGHAI – Chinese driverless tech start-up Guangzhou WeRide Technology has filed confidentially for an initial public offering (IPO) in the United States and is looking to raise as much as US$500 ... ( read original story ...)

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