Silicon Valley Bank exited its China join venture, not that it was bought out by a local partner, in the headline and paragraph 3)BEIJING (Reuters) - Silicon Valley Bank's Chinese joint venture will ... ( read original story ...)
Silicon Valley Bank’s Chinese partner buys out stake in JV
BEIJING: Silicon Valley Bank’s Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, a Chinese ... ( read original story ...)
What’s stalling China’s stock market recovery, according to KraneShares’ CIO
China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in ... ( read original story ...)
Silicon Valley Bank’s Chinese partner buys out stake in joint venture
BEIJING (Reuters) - Silicon Valley Bank's Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, ... ( read original story ...)
China Life Profit Rises as Stock Market Recovery Lifts Investment Returns
(Bloomberg) — China Life Insurance Co. Ltd., the nation’s largest life insurer by market share, said profit rose 11% in the first half as an improving stock market boosted investment returns. ( read original story ...)
Stock Market News Today, 8/30/24 – Futures Higher Ahead of Key Inflation Data
U.S. futures inched higher on Friday morning as investors looked forward to the release of U.S. Personal Consumption Expenditures (PCE) data, ... ( read original story ...)
China Market Update: Alibaba’s Dual Primary Listing Becomes Effective, Meituan’s Q2 Beats
Asian equities were largely higher on light volumes except for Mainland China and Hong Kong in advance of Nvidia’s widely anticipated results today. We shouldn’t overthink the price action, as summer ... ( read original story ...)