Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China ... ( read original story ...)
Merck and Novavax Are Lifting the Stock Market, but Regeneron is Sliding. Here’s Why.
Novavax (ticker: NVAX) shares surged 19.7% premarket after announcing late Monday that it launched a Phase I clinical trial of a coronavirus vaccine. The biotech company said it expects to share the ... ( read original story ...)
Shanghai gains traction as financial hub
Increased opening-up, reforms lift city to fourth spot in global rankings behind New York, London and Tokyo While the COVID-19 pandemic brings complexity and uncertainty to global capital markets, the ... ( read original story ...)
China’s Innovative Approach to Its Financial Industry Development Shared in New Video Series
China pursued all avenues in the roll-out of its financial reform and steered its financial system toward an open, inclusive a ... ( read original story ...)
China central bank resumes reverse repo operations after near two-month hiatus, traders say
China's central bank will inject 10 billion yuan (1.15 billion pounds) into money markets on Tuesday through seven-day reverse bond repurchase agreements, breaking a near two-month hiatus with no ... ( read original story ...)
Shanghai copper slips for second day
Shanghai copper prices fell for a second day, as investors focused on tensions between the United States and top metals consumer China, whose annual parliament meeting continues this week, and as ... ( read original story ...)
IPO Preview: Dada Nexus Seeks U.S. IPO Transaction
Dada Nexus (DADA) has filed to raise $100 million in an IPO of its ADSs, according to an F-1 registration statement with the SEC. The firm operates one of the largest local on-demand delivery services ... ( read original story ...)