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Tag: finance

Posted on 20/03/2024

Three Ant Group subsidiaries to go independent in Chinese fintech giant’s biggest restructure since blocked IPO

The restructuring is likely to grant more flexibility for businesses within the fintech affiliate universe of Alibaba and is intended to unleash their growth potential under Ant’s globalization ... ( read original story ...)

Posted on 20/03/2024

China’s Struggling IPO Market Gets More Bad News

China will ramp up scrutiny of companies hoping to sell shares, putting more pressure on [the country’s moribund initial public offering market]( ... ( read original story ...)

Posted on 20/03/2024

Stock market today: Asian shares follow Wall St higher as markets await a rate decision by the Fed

and the Shanghai Composite index was up 0.5% at 3,077.99. China left its benchmark lending rates unchanged on Wednesday, as expected. While the economy is showing signs of improvement, the property ... ( read original story ...)

Posted on 20/03/2024

Today’s Stock Market: Asian Shares Rise, Focused on Upcoming Fed’s Interest Rate Decision

With the world’s eyes set on the Federal Reserve’s next move, Asian stock markets edged upwards on Wednesday, mirroring gains on Wall Street as investors expect further clarity on future interest rate ... ( read original story ...)

Posted on 20/03/2024

Shanghai’s Green Agenda to Be Driven by ‘New Quality Productive Forces,’ Academics Say

Last April, Shanghai’s Pudong New Area issued an action plan for climate-related fundraising. And at the end of last year, Shanghai rolled out a scheme for the banking and insurance sector to ... ( read original story ...)

Posted on 20/03/2024

Stock Market Today: Sensex, Nifty Erase Gains, Trade Flat Amid Volatility. Metal, Power Drag

said in his pre-opening market comment that this Wednesday morning brings optimism with positive catalysts such as FII's buying activity and favorable Wall Street performance. In Asian markets, Seoul, ... ( read original story ...)

Posted on 20/03/2024

China Vanke secures US$194 million loan from Industrial Bank in brief respite for troubled property developer

loan from Industrial Bank for 14 years, based on a 35 billion yuan guarantee authorised during a shareholders meeting held in June. The loans were secured and guaranteed by units Shanghai Central ... ( read original story ...)

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