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Category: FINANCE

Posted on 14/06/2022

Shanghai Tries New Tactics to Stamp Out Crypto Mining

Shanghai has stepped up a crackdown on crypto mining by instructing data center companies to weed out the power-hungry activity and make a pledge to abide by regulations, according to a notice issued ... ( read original story ...)

Posted on 14/06/2022

Shanghai stocks close at 3-month high despite hawkish Fed, COVID worries

Shanghai stocks closed at three-month highs on Tuesday after tumbling in morning trade, despite an overnight slump in U.S. stocks on fears of aggressive U.S. interest rate hikes, as analysts expect ... ( read original story ...)

Posted on 14/06/2022

Shanghai stocks end at 3-month high despite hawkish Fed, COVID-19 woes

Shanghai stocks closed at three-month highs ... Wall Street hit a confirmed bear market milestone amid a Goldman Sachs forecast of a 75-basis-point interest rate hike at the Federal Reserve's policy ... ( read original story ...)

Posted on 14/06/2022

Financial alarm bells ringing around the world

Volatility is rising as inflation runs rampant, central banks raise rates, and supply chains remain strained in a big week ahead for economic data. ( read original story ...)

Posted on 14/06/2022

Three years on, STAR Market shines on Shanghai firmament

A poster at a securities brokerage in Nanjing, Jiangsu province, promotes the STAR Market. [Photo by Su Yang/For China Daily] Experts lavished praise on the Shanghai Stock Exchange's STAR Market on ... ( read original story ...)

Posted on 13/06/2022

IPOs in Mainland China Jump as Global Issuance Plummets

New listings in China are breaking records even as turbulent markets cast a pall over the global initial public offering business. ( read original story ...)

Posted on 13/06/2022

China launches chip stock index to guide more investment into crucial sector

According to the Shanghai Stock Exchange (SSE), up to 50 listed companies with large market capitalizations were selected as the constituents of the index, including Semiconductor Manufacturing ... ( read original story ...)

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