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Posted on 27/02/2024

China stocks rise, led by AI firms; Hong Kong slips as investors await policy moves

SHANGHAI, Feb 27 (Reuters) - China stocks rose on Tuesday, with artificial intelligence (AI) firms leading the gains, helped by the AI boom in the United States. Hong Kong shares slipped as investors ... ( read original story ...)

Posted on 27/02/2024

Zhida, a Chinese maker of EV charging systems, is weighing US$128 million Hong Kong IPO this year, source says

Shanghai Zhida Technology Development, which makes electric-vehicle charging systems, is working with Shenwan Hongyuan on an IPO, source says. Its systems are used by 70 car brands in China. ( read original story ...)

Posted on 27/02/2024

AstraZeneca makes Shanghai its fifth global strategic hub

SHANGHAI, Feb. 27 (Xinhua) -- Shanghai has become the fifth global strategic hub for the British pharmaceutical company AstraZeneca, joining hubs in the United States, Sweden and UK, the company ... ( read original story ...)

Posted on 27/02/2024

METALS-Aluminium up after hitting one-month low on Shanghai stocks jump

Aluminum prices hit a one-month low on Monday after inventories in Shanghai jumped and the United States did not impose sanctions on Russian metal. Benchmark aluminum on the London Metal Exchange was ... ( read original story ...)

Posted on 27/02/2024

AstraZeneca makes Shanghai its 5th global strategic hub

Shanghai has become the fifth global strategic hub for the British pharmaceutical company AstraZeneca, joining hubs in the United States, Sweden and UK, the company announced at the 2024 Shanghai ... ( read original story ...)

Posted on 27/02/2024

China’s Zhida Weighing HK$1 Billion Hong Kong IPO This Year, Sources Say

Shanghai Zhida Technology Development Co., a maker of electric-vehicle charging systems, is considering an initial public offering in Hong Kong that could raise about HK$1 billion ($128 million), ... ( read original story ...)

Posted on 27/02/2024

China Stock Market Likely To Open Under Pressure On Tuesday

(RTTNews) - The China stock market on Monday ended the eight-day winning streak in which it had surged more than 300 points or 10.9 percent. The Shanghai Composite Index now rests just above the 2,975 ... ( read original story ...)

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