China's IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates.Chinese exchanges, which ... ( read original story ...)
Goldman Analysts’ Bearish China Bank View Draws Fresh Rebuke
A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from a major lender and one of the nation’s largest macro hedge funds after receiving a backlash from ... ( read original story ...)
Bain Gets Courtesy Call From Shanghai Party Official
Global consulting company Bain said one of Shanghai’s top Communist Party officials visited its office in the city. ( read original story ...)
Shanghai anti-fraud center warns residents to be highly alert of FaceTime scams
The Shanghai anti-telecom network fraud center has warned residents to be highly alert of FaceTime invitations from strangers as they have received several recent reports related to FaceTime scams. ( read original story ...)
What people are saying about Ant Group’s share buyback
China's Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some ... ( read original story ...)
Stock market today: Asian shares are mixed on signs of slowing growth in the US and China
A person walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, July 10, 2023, in Tokyo. Asian shares got the week off to a slow ... ( read original story ...)
Foxconn Industrial’s Shares Fall After Foxconn’s Shanghai-Listed Arm Names Its GM as New Chairman
Shares of Foxconn Industrial Internet fell after the Shanghai-listed unit of Apple supplier Hon Han Precision Industry, better known as Foxconn, promoted its general manager to chairman. Foxconn ... ( read original story ...)