Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a ... ( read original story ...)
Financial institutions upbeat on China economy
Data show that China's investment in infrastructure construction during the January-June period rose 5.4 percent from the previous year, while manufacturing investment increased 9.5 percent. The ... ( read original story ...)
China Stock Market May Erase Monday’s Losses
(RTTNews) - The China stock market on Monday ended the two-day winning streak in which it had advanced almost 20 points or 0.6 percent. The Shanghai Composite Index now sits just above the 2,960-point ... ( read original story ...)
STAR Market turns into innovation powerhouse in China
PatSnap's report also highlights the geographical distribution of innovation within the STAR Market. Companies from Shanghai, Beijing as well as Jiangsu, Guangdong, and Zhejiang provinces (not ... ( read original story ...)
Global Funds Pile Up Nearly a Trillion Yuan of China Bank Bonds
Foreign investors ramped up holdings of short-term bonds issued by Chinese banks to a fresh record, as attractive rates for swapping dollars continue to juice the returns available on such debt. ( read original story ...)
China central bank cuts short-term policy rate
SHANGHAI (Reuters) - China's central bank said on Monday it would cut the policy interest rate on seven-day reverse purchase agreements, known as reverse repos, to 1.7% from 1.8%. The People's Bank of ... ( read original story ...)
China’s central bank cuts interest rates, moving to put more pep into the economy
Investors appear to be hungry for more aggressive action: On Monday, the Shanghai Composite index was down 1% even after the People's Bank of China announced several moves to relieve pressure on banks ... ( read original story ...)