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Tag: banking

Posted on 29/11/2022

China EV ‘honeymoon’ is ending, Jefferies says; XPeng stock downgraded

A "honeymoon stage" for electric vehicles in China is coming to an end, analysts at Jefferies said in a note Monday, highlighting EV makers BYD Auto and ... ( read original story ...)

Posted on 29/11/2022

Chinese stocks will struggle against persistent economic and market headwinds, and any recovery will be sluggish despite policy support from the government, UBS says

A positive inflection point for China's markets and the economy "is still some way off," despite Beijing's economic stimulus efforts, said UBS.  China's central bank recently freed up about $70 ... ( read original story ...)

Posted on 28/11/2022

Chipmaker Gets Go Ahead for $1.7 Billion Shanghai IPO

(SMEC) has received approval for a Shanghai IPO, becoming the latest Chinese firm in the industry to seek a share sale on the mainland where the government is accelerating a drive to become ... ( read original story ...)

Posted on 28/11/2022

Stock Market Today: Stocks Slide On China Covid Risk; Oil Prices Tumble

Stocks look set for a weaker opening Monday as investors react to rare public protests in China over the country's strict Covid health policies. ( read original story ...)

Posted on 28/11/2022

U.S. stock futures fall as Chinese protests rattle markets, oil hits 2022 low

U.S. stock-index futures sank Sunday night, as Asian markets fell following widespread public demonstrations in China and as oil hit a 2022 low. ( read original story ...)

Posted on 28/11/2022

Stock Market LIVE Updates: Domestic indices trade higher amid volatility; Reliance top gainer

Benchmark indices faced a lacklustre trend in early trade on Monday, but later traded higher amid foreign fund inflows and ... ( read original story ...)

Posted on 28/11/2022

Protesters angry at China’s lockdowns call for Xi to resign; crowds clash with police in Shanghai

Police cleared protesters in Shanghai who called for Xi’s removal. Social media reports said protests spread to other cities, including Beijing, ... ( read original story ...)

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