Alibaba Group Holding Ltd.’s stock rose in Hong Kong after it was made directly accessible to investors in mainland China for the first time. ( read original story ...)
Stock Futures Struggle for Direction After Winning Week
Dow futures are up triple digits this morning, but Nasdaq futures are sharply lower Fresh off one of the best weeks of 2024, stock futures are all over the ... though the region’s Shanghai Composite, ... ( read original story ...)
Stock markets waver before Fed decision
US and European stock markets wavered on Monday as investors cautiously awaited the US Federal Reserve's first interest-rate cut since 2020. ( read original story ...)
Shanghai Slammed by Strongest Typhoon to Hit City Since 1949
The strongest typhoon in more than seven decades has struck China’s financial capital, bringing gale-force winds and heavy rain to the eastern seaboard and disrupting holidaymakers at the start of a ... ( read original story ...)
Typhoon Bebinca lashes Shanghai in strongest storm to hit city since 1949
The normally-bustling financial hub of Shanghai was brought to a standstill on Monday as residents sheltered at home to wait out the worst of Typhoon Bebinca. The Category 1 storm, which made landfall ... ( read original story ...)
Chinese AI chip developer Biren files for IPO despite US trade restrictions
Chinese GPU maker Biren Technology has recently filed for an upcoming IPO with the Shanghai Securities Regulatory Commission, following in the footsteps of Shanghai Enflame, another China-based AI ... ( read original story ...)
PBOC Shanghai HQ Explores New Cross-Border Remittance & Tax Payment Biz Model Using Blockchain Tech
The People's Bank of China (PBOC) announced that in order to further optimize the business environment and enhance the convenience of cross-border tax payments, since February, the Shanghai ... ( read original story ...)