Year to date, a total of 992 IPO deals have been completed globally, raising USD146 billion, representing a YoY decline of 44% and 57%, respectively, Ernst & Young (EY) reported. Mainland China ... ( read original story ...)
China Stock Market May Test Resistance At 3,100 Points
The China stock market on Tuesday ended the four-day losing streak in which it had dropped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,090-point plateau ... ( read original story ...)
China’s yuan ends at weakest since global financial crisis, hits record low offshore
China's onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low ... ( read original story ...)
China’s onshore yuan hits lowest since global financial crisis
China's onshore yuan fell on Wednesday to its weakest level against the dollar since the global financial crisis of 2008, while the offshore trades hit a record low, pressured by expectations of more ... ( read original story ...)
Why Tesla Stock Tumbled After Surging Higher Earlier This Morning
Tesla is reportedly holding production in Shanghai at 93% of full capacity. Investors are processing whether this signals supply chain issues or lower consumer demand. Elon Musk previously expressed ... ( read original story ...)
Tesla Stock Jumps On Report of ‘Very High Volume’ In Last-Minute Q3 Deliveries
Tesla's is looking for internal support in a last-minute push to meet a 'very high volume' of Q3 delivery obligations. ( read original story ...)
China c.bank makes biggest short-term cash injection in seven months
China's central bank stepped up cash injection towards the quarter-end by making the biggest daily offering in seven months on Tuesday. The People's Bank of China (PBOC) injected a total of 175 ... ( read original story ...)