Alibaba-backed cloud company Qiniu shares plunged in its Hong Kong debut, as sentiment in Chinese equity markets soften amid disappointment over the lack of details about Beijing's measures to support ... ( read original story ...)
Shanghai pays tribute to foreign-invested enterprises
Shanghai acknowledged the Top 100 foreign-invested enterprises (FIEs) in four rankings on Tuesday based on their 2023 performance in operating revenue, import and export volume, tax contributions and ... ( read original story ...)
As China Admits Economic Difficulties, Hong Kong Becomes Irreplaceable
Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength - which is essential to China's rebound. ( read original story ...)
China Resources Beverage’s HK IPO Draws CTG Duty Free
China Resources Beverage Holdings Co. has attracted China Tourism Group Duty Free Corp., the world’s largest travel retailer, and UBS Asset Management AG as some of the cornerstone investors for its ... ( read original story ...)
Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82
Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ... ( read original story ...)
Why investors should still avoid Chinese stocks
Nothing changes sentiment like price, according to one investing maxim. The world-weary saying reflects the fact that after a stockmarket surge speculators usually scramble for reasons to believe ... ( read original story ...)
How Are Chinese Markets Reacting to the Latest Stimulus News?
Here's a look at how Chinese stocks have moved over the past month. A blizzard of stimulus measures from the People's Bank of China jolted markets on Sept. 24. Two days later, Politburo leade ... ( read original story ...)