Prior to today, DIDI stock had declined 85% since its initial public offering (IPO) last summer to trade at $1.85 ... particularly in financial and manufacturing centers such as Shanghai. Government ... ( read original story ...)
A cluster of 3 towering skyscrapers, each taller than 1,300 feet, forms a distinctive peak above Shanghai’s financial district — check it out
The three buildings are Shanghai Tower, Shanghai World Financial Center, and Jin Mao Tower, architect Stefan Al wrote in his new book, "Supertall." ... ( read original story ...)
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, ... ( read original story ...)
Caixin Explains: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge returns to investors. The rationale was that the stock of a newly listed company would almost certainly rise ... ( read original story ...)
Int’l Investors Are Carefully Returning to China’s Stock Market
After three turbulent months, international investors, especially those practising bottom fishing, are starting to get back to the Chinese stock market, but more allocatable capitals are on hold, ... ( read original story ...)
Why Shanghai reopening is good for Biden and global economy
News of Shanghai easing its strict lockdown measures could signal ... but the levies have essentially proven to be an act of financial self-harm, with US consumers bearing the cost through higher ... ( read original story ...)
1NIO : Why Nio Stock Could Soar 50% Higher If This Trend Continues
Nio, Inc (NYSE: NIO) was trading over 5% higher on Monday, driven in part by overall market momentum as the S&P 500 Index was up by about 1%. ( read original story ...)