The reform undoubtedly marks an important milestone for the development of China’s capital market. It will not end here, as the system needs continuous improvement. However, the existing results can ... ( read original story ...)
Column: Shanghai metal stocks dent great expectations
It is currently assessed by Shanghai Metal Market at a bombed-out $22.50 a tonne, down from an October high of $152.50. These Shanghai stock surges, however, come with some important caveats. Both ... ( read original story ...)
IPOs ride stock-market surge with debuts from Nextracker, Hesai Group and others
Nextracker's initial public offering raises $638 million, as the IPO market shows signs of life after a strong start to the stock market in 2023. ( read original story ...)
China publishes rules on risk classification of banks’ financial assets
China's central bank and its banking and insurance regulator published rules on on Saturday regarding the risk classification of banks' financial assets, to help accurately assess credit risks and ... ( read original story ...)
Hesai’s IPO raises prospects for unmanned driving
Visitors check out Hesai's products during a high-tech exhibition in Shanghai. [Provided to] American depositary shares of Hesai Group, a Shanghai-based developer of sensor technologies used in ... ( read original story ...)
Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates
The Shanghai Composite fell 0.3% and the Shenzhen Component ... In Australia, the S&P/ASX 200 closed 0.76% at 7,433.7 as investors digested the Reserve Bank of Australia's statement on monetary policy ... ( read original story ...)
Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021
Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. ( read original story ...)