AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a share. ( read original story ...)
Monday’s Stock Market Open: US Equities Jump After Shanghai Stocks Surge Almost 6%
WHO confirmed more than 200,000 covid19 cases over a 24-hour period on Saturday, a new record The U.S. confirmed more than 45,000 new cases on Saturday Shanghai Stock Exchange surged 5.7% U.S. stocks ... ( read original story ...)
Dow jumps 350 points as China encourages stock-buying to support virus recovery
US stocks jumped Monday following a rally in China, where stock-buying was encouraged to support the recovery from the coronavirus crisis. The ... ( read original story ...)
BRIEF-Nanjing Vishee Medical Technology Aims To Raise Up To 1.15 Bln Yuan In Shanghai Star Market IPO
Nanjing Vishee Medical Technology Co Ltd * SAYS IT AIMS TO RAISE UP TO 1.15 BILLION YUAN ($163.79 million) AT 67.58 YUAN PER SHARE IN SHANGHAI STAR MARKET IPO S ... ( read original story ...)
Chinese Chip Giant Pursues Year’s Biggest Stock Sale
Semiconductor Manufacturing International is preparing a $6.55 billion stock offering on Shanghai’s high-tech STAR market, as China moves to shore up its semiconductor capabilities amid heightened ... ( read original story ...)
Shanghai soars nearly 6%, leading gains in Asia as ‘bull sentiment’ drives markets
Shares in Asia Pacific were higher during Monday's trading session. Stocks in China led gains among the major markets regionally, with the Shanghai composite soaring nearly 6%. The strong moves upward ... ( read original story ...)
China’s stock market closes at highest level in five years
Caixin/Markit PMI continues to recover from February trough when coronavirus lockdown was most severe ... ( read original story ...)