A Chinese central bank official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline amid ... ( read original story ...)
Shanghai Electric Reports FY 2024 H1 Revenue of RMB 49.869 Billion with 22.6% YoY Net Profit Growth
Shanghai Electric ("the Company") (SEHK:2727, SSE:601727) releases its financial results for the first half of 2024, reporting a revenue of RMB 49.869 billion, with the net profit attributable to ... ( read original story ...)
Stock Market News Today, 9/5/24 – Futures Flat After a Rocky Start to September
U.S. futures showed little movement on Thursday morning following a volatile start to September. The market’s difficulties this month have been ... ( read original story ...)
Top official: City already an influential hub for financial technology
Shanghai is already an influential hub for financial technologies and a fintech ecosystem has come into shape in recent years, a top city official said as the city also pledges more efforts to build ... ( read original story ...)
HUHUTECH International Aims For U.S. IPO At Ultra-High Valuation
HUHUTECH International Group has filed proposed terms for a $6.25 million U.S. IPO. Learn more on HUHU stock here. ( read original story ...)
US Economy Is Slowing, but Still Has Momentum, Former Official Says
SHANGHAI (Reuters) - The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S. Federal Reserve is doing about the right thing, Rubin ... ( read original story ...)
Ant IPO: China’s mighty financial group heads for a mega market debut
Chinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn (£23bn). The company, affiliated with online retail giant Alibaba, says it will sell ... ( read original story ...)