Huawei's Executive Director, gave his keynote speech: "Defining 5.5G for a Better, Intelligent World". Wang said that 5.5G will be an evolution of 5G and that he looked forward to working with ... ( read original story ...)
Shanghai bourse could be world’s biggest IPO market as it turns 30
The Shanghai Stock Exchange (SSE) is on track to rank the first in the world for initial public offerings (IPOs) this year that marked its 30th anniversary, as its Nasdaq-like STAR board eased rules ... ( read original story ...)
China, Hong Kong stocks rise on upbeat data, trade bloc
China and Hong Kong stocks started the week on a firm note after upbeat data pointed to a continued recovery in the world’s second-largest economy, with the establishment of a China-backed trade bloc ... ( read original story ...)
Ant Group’s IPO ‘hiccup’ and tech sell-off brushed off by investors amid rush to tap into China’s rebounding economy
Appetite remains strong to tap mainland China’s future growth even after the collapse of Ant Group’s IPO, investors say. ( read original story ...)
Hong Kong plans to shorten IPO settlement time to one day
The consultation paper also proposes changes aimed at reducing the impact of IPOs on Hong Kong dollar liquidity. Interbank lending rates surged in the build-up to Ant Group's $37 billion joint Hong ... ( read original story ...)
Stock Market breadth regained its strength
The Shanghai index increased by 1.11%. The Dow Jones' market breadth regained its momentum. 87% of the Dow Jones stocks traded above their 200-day moving average. This is a change of +4% from a day ... ( read original story ...)
Covid-19 vaccine hope brings tailwind to Chinese airlines as CICC predicts a doubling in stock valuation
The promising outlook for a Covid-19 vaccine has powered a rally in Chinese airlines and airport operators, prompting stock analysts to make bold predictions about the pandemic-stricken air travel ... ( read original story ...)