They’re being pitted against Trump in the November election and, oddly, or not, one side really wants them to win. They’re being pitted against the U.S. in the battle against the coronavirus and, ... ( read original story ...)
Markets updates: Sensex snaps 4-day winning run, plunges 561 points as financial stocks tank
Snapping its four-day rising streak, equity benchmark Sensex surrendered all early gains to plunge 561 points on Wednesday, tracking a sell-off in financial stocks and weak cues from global markets. ( read original story ...)
BRICS New Development Bank issues bonds to fight COVID-19
SHANGHAI, June 24 (Xinhua) -- BRICS New Development Bank (NDB) has issued bonds in international capital markets for the first time to raise money to fight COVID-19, and is expected to issue bonds in ... ( read original story ...)
Silicon Valley’s next IPO is a Chinese software company that could raise over $500M on Friday
Chinese software company Agora Inc., whose U.S. headquarters is in Santa Clara, set price targets Monday for a Friday IPO in which it hopes to raise up to $362 million. The company has a pair of side ... ( read original story ...)
Lufax Holding’s Subsidiary LUI HK Obtains Three Financial Business Licenses in Hong Kong
PM HONG KONG and SHANGHAI, June 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) is pleased to announce that Hong Kong ... ( read original story ...)
China’s top stock index is being overhauled — which hasn’t happened in three decades
The Shanghai Composite will expand the wait period for new entrants, welcome tech companies from the bourse’s STAR Market, and kick out at-risk firms. ( read original story ...)
BRIEF-Tinavi Medical Technologies’ Shanghai IPO 3,692.8 Times Oversubscribed
SAYS ITS SHANGHAI IPO 3,692.8 TIMES OVERSUBSCRIBED Source text in Chinese: bit.ly/37PH3sp (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)