At PDD, his Shanghai-based firm won the backing of Sequoia Capital and social networking giant Tencent Holdings Ltd. Globally, Chinese companies accounted for 28 percent of the $114 billion raised by ... ( read original story ...)
The Groupon of China Is Going Public—and It’s More Expensive Than Alibaba, Snap, or Facebook’s IPO
Investors seem convinced in the Shanghai-based company’s ability to continue its ... Pinduoduo is a more expensive stock than Snapchat maker Snap Inc. was in the hours following its IPO, as well as Al... ( read original story ...)
After Executive Vanishes, Investors Turn to Custodian Bank
A group of investors believes a Shanghai bank could help get their money back. The investors, all of whom bought wealth management products (WMPs) linked to a company whose chairman disappeared a mont... ( read original story ...)
Trump trade war: U.S. stock market is faring better than China’s since dispute began
But if you're using the stock market as a measure of whose winning the trade dispute ... is up 6.5 percent this year through Wednesday's close. China's Shanghai composite is down more than 12 percent ... ( read original story ...)
China Said to Ease Bank Capital Rule to Free Up More Lending
Banking shares gained in Shanghai and Hong Kong trading, with Bank of Ningbo Co. up 2.4 percent and Bank of Shanghai up 1.7 percent as of 9:36 a.m. The benchmark Shanghai Composite Index gained 0.2 pe... ( read original story ...)
China stocks lower at close of trade; Shanghai Composite down 0.71%
Technology and Life Insurance sectors led shares lower. At the close in Shanghai, the Shanghai Composite lost 0.71%, while the SZSE Component index declined 1.18%. Falling stocks outnumbered advancing ... ( read original story ...)
Zecotek Restructures to Align Intellectual Property, Technology and Business Functions Across Operating Divisions
Singaporeand U.S.A. It is commercializing over 55 patented and patent pending novel photonic technologies directly and through strategic alliances with the Shanghai EBO Optoelectronics Technology Comp... ( read original story ...)