An ongoing CME outage has led to a trading halt across futures and options markets for equities, bonds, and commodities on exchanges operated by the company. ・Asian markets ended Friday’s trading ... ( read original story ...)
UPDATE 1-Bank of Shanghai gets new chairman before IPO
SHANGHAI, Aug 27 (Reuters) - The Shanghai city government has appointed a new chairman to Bank of Shanghai, China's biggest city commercial bank, before its planned initial public offering of shares, ... ( read original story ...)
Is Moore Threads Truly the “NVIDIA of China” as It Approaches Its Mega-IPO?
Moore Threads, a prominent player in the gaming GPU industry, is gearing up for a major IPO in Shanghai, earning the nickname "NVIDIA of China" by some. This ambitious mo ... ( read original story ...)
Hang Seng Bank Announces Privatization Proposal and Receives Regulatory Consents
Hang Seng Bank ( ($HK:0011) ) has issued an announcement. Hang Seng Bank Limited has announced a proposal for its privatization by The Hongkong ... ( read original story ...)
Moore Threads’ IPO frenzy fires up China’s home-grown GPU drive
Chinese investors continue to clamour for AI chip plays as Moore Threads IPO draws 4,000 times subscription Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the ... ( read original story ...)
Vanke bonds plunge on plan to delay repayment, revive China property concerns
China Vanke's bonds plunged on Thursday after the property developer sought to delay an onshore bond repayment for the first time, rekindling worries about a spillover effect for the broader property ... ( read original story ...)
Moore Threads’ IPO frenzy energises China’s home-grown GPU drive
Backed by tech giants including Tencent Holdings and ByteDance, Moore Threads opened lottery-style subscriptions on Monday at an IPO price of 114.28 yuan. Online orders from retai ... ( read original story ...)