Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, ... ( read original story ...)
Caixin Explains: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Investing in Chinese IPOs was once hailed as the safest of safe bets, with guaranteed huge returns to investors. The rationale was that the stock of a newly listed company would almost certainly rise ... ( read original story ...)
Int’l Investors Are Carefully Returning to China’s Stock Market
After three turbulent months, international investors, especially those practising bottom fishing, are starting to get back to the Chinese stock market, but more allocatable capitals are on hold, ... ( read original story ...)
Why Shanghai reopening is good for Biden and global economy
News of Shanghai easing its strict lockdown measures could signal ... but the levies have essentially proven to be an act of financial self-harm, with US consumers bearing the cost through higher ... ( read original story ...)
1NIO : Why Nio Stock Could Soar 50% Higher If This Trend Continues
Nio, Inc (NYSE: NIO) was trading over 5% higher on Monday, driven in part by overall market momentum as the S&P 500 Index was up by about 1%. ( read original story ...)
NIO Stock Is up 8% As Nio Looks Set to Achieve Breakeven in 2024
NIO stock is in the green following an easing of lockdowns and tech companies in China. The company may also breakeven by 2024. ( read original story ...)
Nio Stock Soars! Will It Continue?
As lockdowns in China ease, COVID protocols won’t be a production deterrent. EV stocks are catching a bid on that -- Nio stock included. ( read original story ...)