U.S. futures remained stable on Friday morning after another robust trading day on Wall Street. The S&P 500 (SPX) and the Nasdaq Composite ... ( read original story ...)
Shanghai aims to become a world-leading fintech center
The action plan aims to build Shanghai into a world-leading fintech center in three to five years. Specifically, basic research and development and original innovation of the underlying technologies ... ( read original story ...)
Stock Market News Today, 9/12/24 – Futures Higher Ahead of Key Economic Reports
U.S. futures traded higher on Thursday morning as investors looked ahead to additional economic data points, including the August Producer Price ( read original story ...)
Chinese Stock Markets Tumble Amid Falling Oil Prices and Political Uncertainty
Chinese stock markets declined on Wednesday, led by energy companies' losses following a drop in oil prices. Political developments in the U.S. impacted market sentiment, leading to a mixed performance among different sectors. ( read original story ...)
Two Chinese AI Chipmakers Seek IPOs in Shanghai
Bloomberg has learned that two of China's most prominent designers of AI chips are targeting stock listings. People familiar with the matter have told us that Shanghai Enflame Technology Co. and ... ( read original story ...)
How China has ‘throttled’ its private sector
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation ... ( read original story ...)
Alibaba shares jump 4% on its addition to mainland Stock Connect Scheme
Shares in Alibaba Group , jumped 4.2% on Tuesday as investors cheered its inclusion on China's mainland stock exchanges after the e-commerce giant upgraded its Hong Kong listing to primary status last ... ( read original story ...)