Stocks such as American Airlines, United Airlines, Bank of America, JP Morgan, and Goldman Sachs have taken a severe beating this week. ( read original story ...)
Friday’s Stock Market Close: US Equities Rise On New Hopes For Covid-19 Vaccines
U.S. stocks climbed on Friday on some positive covid-19 vaccine developments, raising hopes that the pandemic may be limited. The Dow Jones Industrial Average gained 369.21 points to 26,075.30, while ... ( read original story ...)
Friday’s Stock Market Open: US Equities Modestly Higher Although Covid-19 Cases Spike
U.S. stocks rose on some positive covid-19 vaccine news. The Dow Jones Industrial Average gained 217.38 points to 25,923.47, while the S&P 500 rose 14.03 points to 3,166.08 and the Nasdaq Composite ... ( read original story ...)
China’s Fosun-backed Gland Pharma files papers for Rs 5,000-6,000 crore IPO
If the listing plans fructify, this could arguably be the first major domestic IPO of an Indian company with a Chinese parent. ( read original story ...)
Ping An Bank Ranks 46th on Top 1000 World Banks
Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx: 2318; SSE: 601318) is pleased to announce that its subsidiary Ping An Bank Co., Ltd. (“Ping An Bank”) is ranked 46th ... ( read original story ...)
China state funds to cut stakes in PICC, some tech firms amid stock bull run
SS> and three China-listed tech companies said their major state shareholders plan to reduce holdings - a move that comes amid a torrid bull run in China's stock market. ( read original story ...)
China State Funds Start Selling in Warning Sign for Stock Rally
Chinese megacap shares fell Friday after two state-backed funds trimmed their holdings in a sign that the government wants to slow down the rally.People’s Insurance Company (Group) of China Ltd., ... ( read original story ...)