China’s financial center and its largest metropolis, Shanghai, announced in early June that it is finally phasing out its harshest “zero-COVID” lockdown after more than two months. ( read original story ...)
China IPO fundraising doubles US total to top global ranks
Their presence ensured a steady flow of deals even in the depths of lockdown and helped bring total fundraising from new listings in China to almost $35bn this year, more than double the $16bn raised ... ( read original story ...)
Shanghai’s weekend Covid-19 testing blitz shows cases contained
Shanghai's weekend Covid-testing blitz found the virus seemingly contained, after a spike in cases last week had fanned concern the city would be plunged back into lockdown. The financial hub reported ... ( read original story ...)
Shanghai’s Weekend Covid Testing Blitz Shows Cases Contained
Shanghai’s weekend Covid-testing blitz found the virus seemingly contained, after a spike in cases last week had fanned concern the city would be plunged back into lockdown. ( read original story ...)
Asia takes lead even as global IPO market contracts
New company listings have slowed dramatically in Asia in recent months after initially getting off to a quick start. While proceeds from new listings in the first quarter were 18% higher this year ... ( read original story ...)
BRICS bank promotes infrastructure, development in emerging economies, says bank’s regional head
The New Development Bank (NDB), established by BRICS countries, has flexible policies geared towards tackling infrastructure and development challenges faced by emerging economies, Director-General of ... ( read original story ...)
Post-lockdown Shanghai among top spending cities during China’s 618 online shopping extravaganza
Shanghai ranks second in spending power among all mainland Chinese cities during JD.com's 618 online shopping event this year However, companies and analysts remain cautious about the e-commerce ... ( read original story ...)