MANILA, Aug 14 (Reuters) - Shanghai rebar steel futures climbed to their strongest in more than six years on Tuesday as firm demand countered data showing output in China rose to a record in July desp... ( read original story ...)
China’s co-working Unicorn ucommune completes US$43.5mn funding, led by Prosperity Holdings
This round was led by Prosperity Holdings ... Prosperity Holdings was founded in Shanghai in 2011 and has since been focusing on asset diversification and management including property investment, cor... ( read original story ...)
As Tesla looks to go private, Chinese rival plans U.S. IPO
Backed by Chinese internet giants Baidu, Tencent and others, Nio was founded in 2014 in Shanghai by Bin Li, an entrepreneur who previously started an online automotive services platform called Bitauto ... ( read original story ...)
OPINION: China’s Tesla bets on hot-wired dream for IPO
HONG KONG: China's Tesla is betting on hot-wired dreams for a U.S. IPO. Based in Shanghai and focused on the mainland market, electric car maker Nio aims to raise up to $1.8 billion in a New York list... ( read original story ...)
A unicorn’s IPO filing offers a glimpse into the health of Chinese EV startups
And now an IPO filing from one of the most high-profile unicorns is finally providing a window into the state of Chinese EV startups. NIO, a four-year-old Shanghai-based EV firm, on Monday (Aug. 13) f... ( read original story ...)
Shanghai steel hits 6-year high despite record Chinese output
Shanghai rebar steel futures climbed to their strongest in more than six years on Tuesday as firm demand countered data showing output in China rose to a record in July despite government-led curbs ai... ( read original story ...)
Shanghai Stock Exchange Adjusted Market-Closing Trading Mechanism To Come Into Effect On Aug. 20
To further maintain the price stability at the market closing stage, the Shanghai Stock Exchange (SSE) has adjusted the market-closing trading mechanism to adopt the call auction for the 3-minute mark... ( read original story ...)