DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence (AI) for mobile devices, has selected banks to prepare for its Hong Kong initial public offering ... ( read original story ...)
Experts hail Shanghai action plan on services consumption
The experience of developed countries has shown that once per capita GDP exceeds $15,000, services consumption will play a dominant role in household consumption expenditures. Shanghai's per capita ... ( read original story ...)
China’s Shanghai tries to shore up foreign confidence with promise-laden action plan that’s filled with uncertainty
New plan kicks off on Friday, but details remain scarce about how exactly it will address some of the biggest concerns facing foreign firms operating in China Foreign chambers appear both hopeful and ... ( read original story ...)
Lotus Stock Declines by 40% Post-IPO Amid Geely’s Global Expansion Strategy
Lotus Tech’s debut on the public market hasn’t unfolded as smoothly as Geely anticipated. Within just two weeks of its listing on Nasdaq, shares have plummeted nearly 40%, dropping from $13.80 at the ... ( read original story ...)
Stock market today: Asian shares are mostly higher ahead of a US report on inflation
Shares were mostly higher in Asia on Tuesday ahead of a report on inflation in the U.S. that could sway the Federal Reserve’s timing on cutting interest rates. U.S. futures and oil prices were higher. ( read original story ...)
Apple to open eighth flagship store in Shanghai
The upcoming store will mark the eighth Apple Store in Shanghai, with the already standing seven stores mostly located in core business areas such as the financial hub Lujiazui in East Shanghai's ... ( read original story ...)
The Stock Market Rally: Continued Boom Or Doom Ahead?
It appears that there are some knowledgeable investors and professionals who are hopeful about the beginning of a new bull market, particularly for the S&P 500. ( read original story ...)