The Shanghai Composite index dropped 1.2% to 3,199.17 after China reported its economy grew at a 6.3% annual pace in April-June. That’s better than the 4.5% expansion in the January-March quarter but ... ( read original story ...)
Balance of loans in Shanghai up 7.7 pct at end of June
The balance of loans in Shanghai including all currencies stood at 1091 trillion yuan 153 trillion US dollars at the end o ... ( read original story ...)
Syngenta Seeks to Lure Mideast Funds to $9 Billion IPO
Syngenta Group has approached a number of Middle Eastern sovereign funds as it seeks cornerstone investors for its 65 billion yuan ($9 billion) initial public offering, people with knowledge of the ... ( read original story ...)
A timeline of China’s 32-month Big Tech crackdown that killed the world’s largest IPO and wiped out trillions in value
Since Beijing quashed Ant Group's IPO in November 2020, the upheaval in China's tech sector has hit Alibaba, Tencent, Meituan and Didi A nearly US$1 billion fine levelled against Ant Group this month ... ( read original story ...)
China’s central bank likely will keep medium-term policy rate unchanged at monthly rollover: Reuters poll
China's central bank is expected to keep borrowing costs unchanged while ramping up liquidity support when it rolls over 100 billion yuan ($14.03 billion) worth of medium-term policy loans on Monday, ... ( read original story ...)
Stock market today: Asian shares buoyed by Wall Street’s winning week as inflation eases
Asian shares mostly surged Friday after Wall Street’s winning streak barreled into a fourth day, buoyed by the latest signal that inflation may be easing ... ( read original story ...)
Syngenta Seeks to Lure Mideast Sovereign Funds to $9 Billion IPO
Syngenta Group has approached a number of Middle Eastern sovereign funds as it seeks cornerstone investors for its 65 billion yuan ($9 billion) initial public offering, people with knowledge of the ... ( read original story ...)