Tag: banking

Shanghai-based carmaker did not name the investors in the crossover funding round, its first capital raise since July 2022 Hozon, also known as Neta Auto, is also seeking to raise US$1 billion via a ... ( read original story ...)

Asian shares rose Wednesday, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings. Japan's benchmark Nikkei 225 added 0.3% in afternoon trading to ... ( read original story ...)

The mortgage rate cut by Bank of Communications or BoCom, as China’s fifth-biggest lender is called, could spur larger banks to follow, days after the Chinese central bank and housing ministry eased ... ( read original story ...)

China's surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market will cloud the fundraising plans of hundreds of companies and will ... ( read original story ...)

The most-traded October copper contract on the Shanghai Futures Exchange ended day-time trade 0.1% higher at 68,900 yuan ($9,446.77) per metric ton, after a 1.1% climb in the previous week. Fed Chair ... ( read original story ...)

Currently, more than 300 Japanese companies have established themselves in Xuhui district, a core urban district of Shanghai, and they continue to grow and expand. Xuhui district mayor, Zhong Xiaoyong ... ( read original story ...)

China's Ministry of Finance reduced its "stamp duty" on securities transactions to 0.05% over the weekend — an effort to spur market activity and boost sentiment. ( read original story ...)