China’s benchmark Shanghai Composite Index gained 0.32% on Wednesday, while the Shenzhen Component Index closed nearly flat. Shanghai’s tech-heavy STAR 50 Index gained 0.58% f ... ( 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 ...)
Shanghai enforces strict law against indissoluble plastics
A bakery in Shanghai's suburban Minhang district was recently penalized for its use of indissoluble plastic straws, becoming the first case of the city's strict enforcement of last year's amended Law ... ( 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 ...)
MetaX Software gears up in OTT business
Global smart TV penetration accelerates, and the OTT industry is witnessing rapid growth, especially during the COVID-19 lockdown as ... ( read original story ...)
China Three Gorges New Energy Group’s IPO to debut on Shanghai Stock Exchange tomorrow
China Three Gorges New Energy Group (600905) to start trading on the Shanghai Stock Exchange – Main Board tomorrow. The firm will issue 8.57 bln shares priced at RMB 2.65 per share to raise RMB 22.71 ... ( read original story ...)