The highflying IPO market got off to a strong start Friday with shares of two biotechnology companies—Cullinan Management and Gracell Biotechnologies—making rousing debuts. Cullinan rose 42.43% in its ... ( read original story ...)
China to maintain stable macro leverage ratio: central bank
China will keep the macro leverage ratio basically stable in 2021, the country's central bank governor has said. The COVID-19 blow to the Chinese economy led to a hike in the ratio of the country's ... ( read original story ...)
METALS-Shanghai copper hits 9-year high, London prices at highest since 2013
Shanghai copper hit a more than nine-year high on Friday, while its prices in London rose to their highest in nearly eight years as hopes of more stimulus spurred risk sentiment. ( read original story ...)
Trump-Banned Telecom Stocks’ Cash Redeployed In Mainland China, Week In Review
The New York Stock Exchange (NYSE) did a “360” this week with regard to its response to President Trump’s Executive Order banning trading in Chinese telecom stocks China Mobile, China Telecom, and ... ( read original story ...)
Work starts on $1.5bn esports arena, hotel and virtual skydiving venue in Shanghai
Chinese property company SuperGen Group has broken ground on an esports complex in Shanghai with a total project value of $1.5bn. The Shanghai International Culture and Creative Esports Centre will be ... ( read original story ...)
$898 million esports stadium begins construction in Shanghai
Construction has begun on a brand-new esports stadium in Shanghai, China. This new arena called The Shanghai International New Cultural and Creative Esports Centre is set to be one monster of a ... ( read original story ...)
Asia trades mostly higher after US gains, Shanghai consumer staples lag
Asia trades mostly higher after US gains, Shanghai Consumer Staples lag; Samsung rises despite Q4 miss; Hyundai jumps on Apple news; Geely rises over 15% amid speculation related to Baidu; US jobs ... ( read original story ...)