The stock market closed higher yesterday after the Fed’s meeting ... However, China’s Shenzhen Component and Shanghai Composite indices were down by 0.82% and 0.27%, respectively. Interested in more ... ( read original story ...)
China Market Update: Hong Kong Rides Q2 Financial Results Higher As Baidu, NetEase, & Bilibili Report
Asian equity markets were mixed despite a stronger US dollar overnight, as Hong Kong outperformed the region, which was led by growth stocks and sectors on light volumes, in advance of Fed Chair ... ( read original story ...)
China Mobile exceeds 1 billion mobile subscribers
China Mobile ended the first half of the year with a total of 2.3 million 5G base stations, after adding 351,000 base stations in the period ... ( read original story ...)
Robotaxi start-up WeRide delays US IPO days before Chinese approval expires
The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week. ( read original story ...)
Shanghai sets up online archive of business policies, regulations
Seminars on optimizing the business environment were held today with 22 experts attending. "Optimizing the business environment is a project that will never be completed," said Peng Wenhao, deputy ... ( read original story ...)
Lead sellers caught short by Shanghai delivery rule change
Would-be sellers of battery metal lead on the Shanghai Futures Exchange (ShFE) have been forced to search for overseas supplies or roll forward contracts they hoped to close following a change in ... ( read original story ...)
Shanghai Petrochem reveals more Russia oil buying as Li Qiang visits
HONG KONG -- Sinopec Shanghai Petrochemical, one of the largest crude oil buyers in China, revealed on Thursday that it purchased a substantial amount from Russia in the first half of 2024, just as ... ( read original story ...)