SHANGHAI - East China's Shanghai Pudong New Area received more than $3.14 billion in actualized foreign investment in the first five months of the year, an increase of 32.3 percent year-on-year, ... ( read original story ...)
Chinese AI Startup MiniMax Files for Hong Kong IPO, Sources Say
MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap ... ( read original story ...)
Chinese convertible bonds rally to decade-high on surging demand
BEIJING] Convertible bonds have emerged as one of the most popular asset classes in China this year, trouncing the performance of local stocks and fixed income. Read more at The Business Times. ( read original story ...)
US stocks drift as Nvidia leads gains for tech
U.S. stocks are drifting higher following some mixed data on inflation and profits at some of the biggest U.S. banks. ( read original story ...)
Nvidia stock jumps after the AI titan says it can sell some of its top chips to China again
Nvidia stock spiked on Tuesday. The AI chip titan said it had received assurances from the administration that it can resume sales of key AI chips to China. ( read original story ...)
Mainland China Heavyweights Lift Hong Kong To Top IPO Destination
Hong Kong will likely fortify its position as one of the world's top destinations for equity fundraising, driven by secondary listings by companies based in mainland China. ( read original story ...)
Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution …
SHANGHAI, November 12, 2024--Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s TourCard. The TourCard aims to provide international ... ( read original story ...)