China’s struggling stock market isn’t bottoming out just yet ... those deemed sophisticated enough to invest in products governed by looser rules. The Shanghai Composite dropped 3 percent in the same ... ( read original story ...)
China’s Yuan Steady After Central Bank Signals its Support
Stocks were higher, with the Shanghai Composite Index rising 0.7% and Hong Kong’s Hang Seng Index gaining 1.2%. "The central bank’s statement to support the yuan has boosted market sentiment, which is ... ( read original story ...)
IPO News This Week: Companies Keep Gearing Up for September
In the week ahead only one IPO is on the calendar. Blank-check company Longevity Acquisition plans to raise $40 million by selling 4 million units at $10 per unit. The Shanghai-based company is seekin... ( read original story ...)
U.S. IPO Week Ahead: One SPAC Expected To Price During The Thick Of The Annual August Slowdown
The Shanghai, China-based company plans to list on the Nasdaq under the symbol LOACU. Cantor Fitzgerald is the lead bookrunner on the deal. The Renaissance IPO Indices are market cap weighted baskets ... ( read original story ...)
Trading of Chinese stocks on Shanghai Stock Exchange hits 4-year low as investors flee market
Don’t bet on traders piling back into China stocks any time soon. Trading values on the Shanghai Stock Exchange, Asia’s second largest, slipped below the 100 billion yuan (US$14.6 billion) mark on Wed... ( read original story ...)
Asian stock markets mixed after US-China tariff hikes
Asian stock markets were mixed Thursday after the United States and China imposed new tariff hikes on each other's goods in an escalation of their battle over Beijing's technology policy. KEEPING SCOR... ( read original story ...)
China stocks higher at close of trade; Shanghai Composite up 0.37%
At the close in Shanghai, the Shanghai Composite added 0.37%, while the SZSE Component index added 0.55%. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite opt... ( read original story ...)