After an April where Tesla sales collapsed, ostensibly as a result of an ongoing rocky relationship between the company and the CCP, China's passenger car association just reported that the company's ... ( read original story ...)
China’s AI start-ups face IPO hurdle
VCG. China's artificial intelligent (AI) start-ups, amid a rapidly-growing market that drives up investment in research and development (R&D), have been pursuing public ... ( read original story ...)
Daily Markets: Equity Indices Tread Water Amid Meme Stock Rotation
Equity indices in Asia finished trading today mostly lower with South Korea’s Kospi down roughly 1%, Japan’s Nikkei down 0.4%, and Hong Kong Hang Seng slipping 0.1% while China’s Shanghai Index rose 0 ... ( read original story ...)
Chinese grocery app Dingdong Maicai targets $500 mln in U.S. IPO -sources
Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management, aims to raise around $500 million in its U.S. IPO to compete in a crowded sector, three ... ( read original story ...)
U.S. investment ban only strengthens China’s financial centers: RT news
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) If Chinese companies need big capital inflows, they have two safe bets to ... ( read original story ...)
China to reform bank deposit rates pricing regime, set new ceilings
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said. ( read original story ...)
Stock Market Today: SGX Nifty edges 8 pts lower; Asian markets flat as investors await directional cues
Domestic stocks are likely to open on a flat note, in line with other Asian markets. The market appears to be indecisive near record levels and is losing momentum, as indicated by technical charts. ( read original story ...)