Asian stocks are mixed as investors watch for details of President-elect Joe Biden's proposed economic stimulus plan ... ( read original story ...)
REFILE-UBS aims to double China investment banking staff for growth
UBS Group AG aims to double staff at its China investment banking business in 3-5 years, seeking to capture growth opportunities unleashed by Beijing's capital market reforms, a senior executive said ... ( read original story ...)
UBS aims to double China investment banking staff for growth
UBS Group AG aims to double staff at its China investment banking business in 3-5 years, seeking to capture growth opportunities unleashed by Beijing's capital market reforms, a senior executive said ... ( read original story ...)
Chinese parts suppliers ride Tesla-powered electric-car boom as top battery maker surpasses Bank of China, Midea, PetroChina in size
The electric-car boom has turned battery maker Contemporary Amperex Technology into China’s eighth largest stock by market value, surpassing Bank of China, Midea Group and PetroChina. ( read original story ...)
Biotech IPOs Cullinan and Gracell Surge on Trading Debuts
The highflying IPO market got off to a strong start Friday with shares of two biotechnology companies—Cullinan Management and Gracell Biotechnologies—making rousing debuts. Cullinan rose 42.43% in its ... ( read original story ...)
China to maintain stable macro leverage ratio: central bank
China will keep the macro leverage ratio basically stable in 2021, the country's central bank governor has said. The COVID-19 blow to the Chinese economy led to a hike in the ratio of the country's ... ( read original story ...)
Shanghai underlines efficiency, quality at SOEs
China's Central Committee for Deepening Overall Reform had reviewed and approved the three-year (2020-22) action plan for SOEs in late June. On Dec 10, Shanghai's municipal government released its own ... ( read original story ...)