Hoymiles Power Electronics Inc. ("Hoymiles" or "the Company"; Stock code: 688032), a world leading microinverter manufacturer ... ( read original story ...)
Chinese AI Giant SenseTime Reopens $770 Million IPO One Week After U.S. Blacklist
Chinese artificial intelligence giant SenseTime is pushing ahead with its initial public offering in Hong Kong despite being placed on a U.S. investment blacklist just one week ago, and the company is ... ( read original story ...)
China’s central bank insurance authorities encourage M&A of real estate projects
The People's Bank of China (PBC) and the The China Insurance Regulatory Commission (CIRC) have issued a notice encouraging banking and financial institutions to provide financial support and services ... ( read original story ...)
Popular Shanghai Eatery Element Fresh Files For Bankruptcy As Covid Hurts Business
Shanghai-headquartered restaurant chain Element Fresh has filed for bankruptcy, the government-published Shanghai Daily reported today. “While the company was profitable prior to Covid 19, the ... ( read original story ...)
Omicron concerns dampen Christmas trading and weigh on markets – business live
Investors have their eyes on one thing this morning: just how bad is the omicron coronavirus going to be for economies across the world. UK and European stock market futures suggest that traders are ... ( read original story ...)
Shanghai Composite Index Fell 1.07% on Monday
China’s benchmark Shanghai Composite Index lost 1.07% on Monday, while the Shenzhen Component Index fell 2.01%. Shanghai’s tech-heavy STAR 50 Index lost 2.51% for the day, whi ... ( read original story ...)
Chinese banks cut borrowing costs for first time in 20 months
The one-year loan prime rate was set at 3.8 per cent, the first reduction since April 2020. . Read more at straitstimes.com. ( read original story ...)