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Tag: finance

Posted on 01/10/2024

China’s stock frenzy is an absurd distraction. Nothing has really changed

It is legitimate to ask whether China is blowing smoke in our eyes or dragging its feet on a debt-deflation crisis that Xi Jinping still refuses to acknowledge.The raft of stimulus measures announced with escalating fanfare all through last week add up to a substantial short-term package, ( read original story ...)

Posted on 01/10/2024

3 dead in Shanghai knife attack on eve of China’s National Day holiday

15 people are recovering in hospital and a man has been detained after supermarket assault motivated by ‘personal grievances’. ( read original story ...)

Posted on 01/10/2024

JD Industrials refiles Hong Kong IPO plan to ride China stocks wave

The company submitted its second IPO application after a first attempt failed last year due to tepid market conditions. ( read original story ...)

Posted on 01/10/2024

China’s stock surge has echoes of the 2015 bubble. What’s different this time

Over six months from 2014 to 2015, the Chinese stock market doubled in value, while leverage climbed, Aaron Costello, regional head for Asia at Cambridge Associates, pointed out Monday. This time around, ( read original story ...)

Posted on 01/10/2024

Man kills 3, injures 15 in Shanghai stabbing spree

A knife-wielding man killed three people and injured 15 others in a stabbing spree Monday night at a Shanghai supermarket, local police said. ( read original story ...)

Posted on 01/10/2024

Walmart Knife Attack: 3 Killed, 15 Injured After Chinese Man Goes on Stabbing Spree in Shanghai

Shanghai: At least three people were killed and some 15 people sustained injuries after a 37-year-old man went on a stabbing spree inside a Walmart store in Shanghai. As per reports, the incident ... ( read original story ...)

Posted on 01/10/2024

Nio’s stock soars again after investment deal that could grow to $4.8 billion

Nio’s U.S.-listed stock shot up toward another double-digit gain on Monday, after a disclosure of a new big investment and a continued surge in China’s stock market fueled the rally. ( read original story ...)

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