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Tag: finance

Posted on 11/02/2023

China publishes rules on risk classification of banks’ financial assets

China's central bank and its banking and insurance regulator published rules on on Saturday regarding the risk classification of banks' financial assets, to help accurately assess credit risks and ... ( read original story ...)

Posted on 11/02/2023

Hesai’s IPO raises prospects for unmanned driving

Visitors check out Hesai's products during a high-tech exhibition in Shanghai. [Provided to] American depositary shares of Hesai Group, a Shanghai-based developer of sensor technologies used in ... ( read original story ...)

Posted on 10/02/2023

Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates

The Shanghai Composite fell 0.3% and the Shenzhen Component ... In Australia, the S&P/ASX 200 closed 0.76% at 7,433.7 as investors digested the Reserve Bank of Australia's statement on monetary policy ... ( read original story ...)

Posted on 10/02/2023

Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021

Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. ( read original story ...)

Posted on 10/02/2023

Asian Stock Market: Shanghai dives as China inflation misses estimates, risk-off solidifies, oil juggles

The risk-off mood ahead of US inflation is keeping Asian indices on the tenterhooks. Softer-than-anticipated China inflation numbers have impacted Chinese equities heavily. Japanese investors are ... ( read original story ...)

Posted on 10/02/2023

Stock market today: 10 things to know before opening bell on February 10

SGX Nifty | Trends on SGX Nifty suggest a negative start for the broader market in India with a gain of 0.53 percent. Nifty futures were trading at 17,836 on the Singaporean exchange at 7:40 am. ( read original story ...)

Posted on 09/02/2023

Hesai Group IPO prices atop its range for stock market debut

Hesai Group priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday, as reported by IPOScoop.com. The Shanghai ... ( read original story ...)

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