Chinese regulators have asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, two sources ... ( read original story ...)
Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride
Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market. ( read original story ...)
Minghui Pharmaceutical Announces USD 131 Million Pre-IPO Financing to Advance Late-Stage Pipeline and Global Expansion
Minghui Pharmaceutical ("Minghui"), a late-stage clinical biopharmaceutical company, today announced the closing of a USD 131 million Pre-IPO financing led by new investors OrbiMed and co-led by ... ( read original story ...)
Sceptical investors call time on China’s anti-price war rally
Fund manager Yang Tingwu was quick to harvest his gains after a furious July rally in Chinese steel and cement stocks, spurred by Beijing's campaign against price wars and excess industrial production ... ( read original story ...)
China’s main stock index hits best finish in 4 years
Shanghai's stock market hit a 3.5-year high, driven by hopes for a US-China trade deal. The gains were led by defense and coal sectors. ( read original story ...)
HSBC to keep the highest yield among Greater China region’s banks, JPMorgan analysts say
The 160-year-old bank, which traces its roots to Hong Kong and Shanghai, is likely to return between 9 per cent and 11 per cent to shareholders in 2025, says JPMorgan. ( read original story ...)
Visa, Airport Authority Hong Kong and Shanghai Commercial Bank pilot smart working capital solution to digitise supply chain finance in Hong Kong
Visa, a world leader in digital payments, has joined forces with Airport Authority Hong Kong (AAHK) and Shanghai Commercial Bank to launch an industry-first pilot aimed at transforming B2B ... ( read original story ...)