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Posted on 28/05/2024

Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity

Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ... ( read original story ...)

Posted on 28/05/2024

Hong Kong stocks extend gains, cheered by Shanghai’s property easing moves

Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund. ( read original story ...)

Posted on 28/05/2024

SAIC Motor announces new-generation technology foundations

At the New Energy Technology Conference held on May 24, SAIC Motor officially unveiled its next-generation technology foundation. ( read original story ...)

Posted on 28/05/2024

Stock market today: Asian shares are mixed after US holiday quiet

TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher. ( read original story ...)

Posted on 28/05/2024

Stock market today: World shares are mostly lower after US holiday quiet

In Asian trading, Chinese markets rose and then fell after senior leaders of the ruling Communist Party met and affirmed Beijing’s determination to contain financial risks. ( read original story ...)

Posted on 28/05/2024

Shanghai Is First Chinese First-Tier City to Lower Mortgage Rates

Mortgage rates in China are at historic lows, but first-tier cities have kept their rates at high levels. As their home inventories and increments are different than those of lower-tier cities, they ... ( read original story ...)

Posted on 28/05/2024

Stock Market Today: Asian Shares Display Mixed Performance Following Quiet US Holiday

S hares across Asia exhibited a mixed performance on Tuesday, reflecting a cautious sentiment amid the absence of trading in U.S. markets due to the Memorial Day holiday. However, gains in oil prices ... ( read original story ...)

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