The transaction involves the sale by GDS of 100% equity interest in a project company which holds stabilized data center assets to a newly formed C-REIT. The C-REIT will fund the acquisition through ... ( read original story ...)
China’s Stock Surge: A Ceasefire and Financial Rally
China’s stocks remained steady but poised for their largest weekly increase in over seven months. A ceasefire between Israel and Iran improved market sentiment, leading financial shares and brokerage ... ( read original story ...)
Hong Kong’s de facto central bank intervenes as currency hits weak end of trading range
Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local currency hit the weak end of its trading band. The city's currency is pegged in a ... ( read original story ...)
China opens first offshore gold vault and contracts in Hong Kong
SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Read more at The Business ... ( read original story ...)
Hong Kong’s de facto central bank intervenes as Hong Kong dollar hits weak end of trading range
Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit the weak end of its trading band. The city's currency is pegged in a narrow ... ( read original story ...)
Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market
Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding ... ( read original story ...)
Shanghai Electric ratings upgraded to Baa2 by Moody’s
Investing.com -- Moody’s Ratings has upgraded Shanghai Electric Holdings Group Co., Ltd. (SEGC) and its key subsidiary, Shanghai Electric Group Company Limited (SHE) to Baa2 from Baa3, with the ... ( read original story ...)