High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] Financial industry better-serving technology innovation and industrial ... ( read original story ...)
Stock market today: Asian shares mixed as DeepSeek lifts Chinese tech stocks
Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined.Japan’s benchmark Nikkei 225 dipped nearly 0.72% in afternoon trading to 38,787.02. ( read original story ...)
Singtel secures $643 mil five-year green loan to finance Tuas data centre
Singapore Telecommunications’ (Singtel) regional data centre arm, Nxera DCT, has secured a $643 million five-year green loan to finance the development of a new 58MW data centre in Tuas, or DC Tuas. ( read original story ...)
Shanghai’s tech insurance premiums exceed 5b yuan, bolstering cutting-edge tech enterprises
Shanghai's technology insurance premiums reached 5.06 billion yuan ($690 million) in 2024, providing risk coverage of over 25 trillion yuan, according to a report released by the Shanghai Municipal ... ( read original story ...)
China: Shanghai stock exchange falls 0.65% on first day after national holidays
The Shanghai Stock Exchange benchmark fell 0.65 percent on Wednesday, losing 21.11 points to close at 3,229.49. Meanwhile, the Shenzhen stock market gained 8.15 points or 0.08 percent, finishing at 10 ... ( read original story ...)
Chinese Stocks End Higher as Investors Await Tariff Developments
Chinese shares ended higher, with the Shanghai Composite Index rising 1.3% to 3270.66. The Shenzhen Composite Index added 2.3% to 1964.55 and the ChiNext Price Index gained 2.8% to 2120.75. Investors ... ( read original story ...)
Shares of Chinese companies linked to DeepSeek surged on the first post-holiday trading day
DeepSeek-related shares surged in mainland China after weeklong public holidays. But broader markets were weighed by Trump's trade war. ( read original story ...)