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Category: FINANCE

Posted on 06/03/2023

SoftBank-Backed CloudMinds Is Said to Weigh $500 Million HK IPO

Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the ... ( read original story ...)

Posted on 06/03/2023

Stock market today: 10 things to know before opening bell on March 6

(Image: Shutterstock) Asian Equities | Japan's Nikkei rose by 1.12 percent at 8:00 am on Friday while the Shanghai index was trading 0.10 percent lower. (Image: Shutterstock) SGX Nifty | Trends on SGX ... ( read original story ...)

Posted on 06/03/2023

China’s Big Telcos go from ‘value destroyers’ to world beaters as Beijing’s grand tech plan triggers rare stock re-rating

China Mobile, China Telecom and China Unicom are fetching a premium over benchmark index's average valuation amid Beijing's tech drive Stock gains this year in Shanghai and Hong Kong have outpaced ... ( read original story ...)

Posted on 05/03/2023

Scope of eligible stocks under Stock Connect scheme expanded

After the revision, the scope of eligible stocks under the Stock Connect scheme will be significantly expanded. This will incorporate more stocks of listed companies on the SSE into the mutual market ... ( read original story ...)

Posted on 05/03/2023

ETH to Target Sub-$1,500 on Silvergate Bank and Shanghai Upgrade

After a flat Saturday, it was a bullish start to the Sunday session for ETH and BTC. However, risks remain tilted to the downside, suggesting a choppy day. ( read original story ...)

Posted on 05/03/2023

China to deepen financial reform, open to more foreign investment

China will deepen financial reform and improve its regulatory regime to guard against risks to the economy, and further open up to foreign investment, Premier Li Keqiang said on Sunday. The government ... ( read original story ...)

Posted on 05/03/2023

China to deepen financial institutional reform – government work report

China will deepen financial institutional reform, according to a government report released at the opening of the country's annual meeting of parliament on Sunday. The government will also effectively ... ( read original story ...)

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