China's blue-chip CSI300 index ended the day up 0.19% at 3,999.60, after dropping nearly 1.5% earlier. The Shanghai Composite index rose 0.36% to 3,096.96.Battery makers and automobile manufacturers ... ( read original story ...)
Shanghai’s financial operations stable despite epidemic
SHANGHAI, May 19 (Xinhua) -- China's financial hub Shanghai has managed to keep its financial operations stable despite the recent resurgence of COVID-19. Shanghai has about 1,700 financial ... ( read original story ...)
Is Shanghai Still A Top Investment Destination?
On March 1, one person tested positive for the Omicron variant of COVID-19 in Shanghai. In less than a month, the virus ran out of control. ( read original story ...)
Shanghai will start to allow more businesses in zero-COVID areas to resume normal operations from the start of June
The COVID-19-hit financial hub of Shanghai will start to allow more businesses in zero-COVID areas to resume normal operations from the start of June, deputy mayor Zhang Wei said on Thursday as the ci ... ( read original story ...)
You Bought. They Sold. Meet some of the insiders who unloaded $35 billion of stock in the tech IPO bonanza that tanked.
Stocks of FIGS, Coinbase, Coupang and Robinhood have plunged since 2021 IPOs. But not before executives and financial backers sold portions of their holdings. ( read original story ...)
LIC’s listing-day show second-worst globally for big IPOs this year
The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO ... ( read original story ...)
Global stocks rally on Shanghai reopening hopes
In foreign exchange, the pound leapt against the dollar as UK jobs data cemented expectations of more interest rate rises from the Bank of England despite growing fears of recession. ‘Hopes that the ... ( read original story ...)