Dada Group, a Shanghai-headquartered on-demand delivery and retail company, filed on Tuesday with the US Securities and Exchange Commission to raise up to $100 million in an initial public offering. ( read original story ...)
Disney: Why I’m Not Too Excited About The Reopening Of Shanghai Parks
The Shanghai Disneyland was reopened on Monday, and there was a lot of enthusiasm from park-goers. Theme parks will not be the same for quite some time, and the ... ( read original story ...)
The Shanghai La Chapelle Fashion (HKG:6116) Share Price Is Down 95% So Some Shareholders Are Rather Upset
We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. Given that Shanghai La Chapelle Fashion didn't make a ... ( read original story ...)
BRICS’ New Development Bank provides $1 billion loan to India to fight COVID-19
In its Statement on Response to COVID-19 outbreak, the NDB Board of Governors welcomed the establishment of an Emergency Assistance Facility to meet the emergency needs of the member countries of the ... ( read original story ...)
Chinese delivery platform Dada Nexus files for an estimated $500 million US IPO
The article Chinese delivery platform Dada Nexus files for an estimated $500 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. ( read original story ...)
Giddy US Stock Market Belies Economic Gloom
The reaction was the latest instance of the market's buoyancy despite a barrage of bad news showing less economic activity, less consumer confidence and less business investment. The blue-chip Dow ... ( read original story ...)
Shanghai PBoC Warns Chinese Public Against Blockchain Investment Schemes
A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain ... ( read original story ...)