As the American stock market sustains its position near all-time high records, Asia’s stock exchange experienced a downturn on Wednesday. Declines were also noted in both U.S. stock futures and oil ... ( read original story ...)
China Stock Market Surges as AI Firms Lead Rally
The benchmark Shanghai Composite index surged by 1.29% ... such as support for consumption. The surge in the stock market reflects the optimism surrounding China’s economic landscape, particularly ... ( read original story ...)
SCO can resolve problems through common bank, de-dollarization
Though it has nine main members, the Shanghai Organization accounts for a significant share of the global trade. By establishing a bank, the problems caused by the dollar can be solved. The currency ... ( read original story ...)
China Market Update: Li Auto & AI Stocks Open The Nitrous Oxide
Meanwhile, the Mainland-based, tech-focused STAR Board was up +3.70% Shanghai and Shenzhen closed above the 3,000 ... has invested $57 billion in China’s Mainland stock market so far this year. That ... ( read original story ...)
Stock market today: Wall Street edges back from its record heights
Asian shares retreated on Tuesday after U.S. stocks edged back from their record heights. Most regional markets fell, while Shanghai advanced. U.S. futures and oil prices were little changed. Traders ... ( read original story ...)
Collective opening ceremony for three world-leading financial institutions held in Shanghai
Three world-leading international financial institutions' Shanghai operations, including AllianceBernstein Fund Management Co Ltd, Amundi Fintech (Shanghai) Company Limited, and KKR Investment ... ( read original story ...)
Zhida, a Chinese maker of EV charging systems, is weighing US$128 million Hong Kong IPO this year, source says
Shanghai Zhida Technology Development, which makes electric-vehicle charging systems, is working with Shenwan Hongyuan on an IPO, source says. Its systems are used by 70 car brands in China. ( read original story ...)