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Tag: banking

Posted on 11/07/2024

Securities refinancing halted to maintain stock market stability

With the benchmark Shanghai Composite Index dropping below ... that securities refinancing activity has put pressure on market performance. The commission also said that it has approved stock ... ( read original story ...)

Posted on 10/07/2024

MegazoneCloud confident in IPO after picking big name lead managers

MegazoneCloud has expressed confidence in its initial public offering (IPO), which could value the Korean cloud management company up to $7 billion, by selecting several big-name brokerages as lead ... ( read original story ...)

Posted on 10/07/2024

Stock market today: Asian shares are mixed after Fed chair’s comments give scant clues on rate cuts

In Hong Kong, the Hang Seng index gained 0.4% to 17,587.16, while the Shanghai Composite index gave up 0.3% to ... warning either scenario could end up weaking the economy and job market. Powell is ... ( read original story ...)

Posted on 10/07/2024

Chinese start-up Hozon eyes new overseas markets for Neta EVs after Hong Kong IPO

We look to grow bigger and stronger by localising our best technologies, products and services in markets worldwide,' co-founder Fang Yunzhou says Hozon New Energy Automobile, the Chinese start-up ... ( read original story ...)

Posted on 09/07/2024

Stock market today: Asian shares trade mostly higher after S&P 500, Nasdaq reach more records

Asian shares were mostly higher Tuesday after Wall Street benchmarks reached more milestones. Japan's benchmark Nikkei 225 jumped 1.5% in morning trading to 41,386.80. Australia's S&P/ASX 200 gained 0 ... ( read original story ...)

Posted on 09/07/2024

Stock market today: Japan’s Nikkei 225 index logs record close, as markets track rally on Wall St

while the Shanghai Composite surged 1.3% to 2,959.74. “Risk-taking will still likely be more measured ahead of the Federal Reserve Chair’s testimony and the key U.S. inflation release this week,” Yeap ... ( read original story ...)

Posted on 09/07/2024

China’s Stock Market Holds Steady Amid Awaited Stimulus Measures

China's stock market remained steady on Tuesday with low trading turnover ahead of the 'Third Plenum' meeting, which is expected to announce new stimulus measures. Hong Kong shares declined, mainly ... ( read original story ...)

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