The China stock market has finished lower in three straight sessions, sinking more than 60 points or 2 percent along the way. The Shanghai Composite Index now sits just above the 3,215-point plateau ... ( read original story ...)
Industry’s First Financial Service Model Oriented to “Intelligent Things”, SPD Bank and Huawei Release Bank of Things White Paper
At HUAWEI CONNECT 2020, Pan Weidong, President of Shanghai Pudong Development Bank (SPD Bank), and David Wang, Huawei Executive Director ... ( read original story ...)
Mainland China and Hong Kong expected to finish 2020 as top IPO destinations after strong Q3, KPMG analysis finds
The Shanghai Stock Exchange is expected to claim the top spot globally in terms of both IPO fundraising and number of listings year-to-date as at end of the third quarter of 2020 while Hong Kong ranks ... ( read original story ...)
Uber, Tesla Stocks Gain: What to Watch When the Market Opens Today
U.S. stock futures rallied, suggesting that markets may recover ground following four consecutive weeks of declines. ( read original story ...)
Chinese investors flock to newly-launched funds targeting Ant IPO
Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech ... ( read original story ...)
Ant IPO offers rose-tinted view of Chinese finance
Alibaba’s payments offshoot has grown into a $200 bln-plus digital middleman for loans, funds and insurance. That’s allowed it to avoid the dodgy credit and opaque transactions which weigh down ... ( read original story ...)
Huawei Releases Banking Resilience Index for 2020 and Beyond
Measuring the Banking Industry's Rises to the New Normal SHANGHAI, Sept. 26, 2020 /PRNewswire/ -- At HUAWEI CONNECT 2020, International Data Corporation (IDC), the premier global provider of market ... ( read original story ...)