Shanghai-based news and video aggregation app Qutoutiao, which leverages artificial intelligence (AI) and is backed by Tencent, filed for an initial public offering (IPO) of up to $300 million in the ... ( read original story ...)
First-of-its-kind financial court gets down to work in Shanghai
The Shanghai Financial Court, which specializes in finance-related lawsuits and is the first of its kind in China, began operating on Monday. The new institution is meant to provide a better business ... ( read original story ...)
Qutoutiao Aims For $300 Million U.S. IPO
QTT is growing at a rapid rate due to its relationship with Tencent (OTCPK:TCEHY) but valuation for this growth at IPO will be key. The Shanghai, China-based Qutoutiao was founded in 2016 to bring val... ( read original story ...)
China shares higher at close of trade; Shanghai Composite up 1.11%
Advancing stocks outnumbered falling ones by 868 to 494 and 78 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composit... ( read original story ...)
China shares lower at close of trade; Shanghai Composite down 1.33%
Declining stocks outnumbered rising ones by 1231 to 170 and 37 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composit... ( read original story ...)
China Stock Market Tipped To End Losing Streak
The China stock market has finished lower in five consecutive trading days, sliding more than 125 points or 4.7 percent along the way. The Shanghai Composite Index now rests just beneath the 2,670-poi... ( read original story ...)
Xiaomi throws hat into virtual banking arena
Chinese smartphone giant Xiaomi (1810) reportedly plans to apply for a virtual banking license in Hong Kong and may tap as a director Vincent Cheng Hoi-chuen, who used to work with the Hong Kong and S... ( read original story ...)