There were three big pieces of mobile news before lunch on Monday – evidence that the mobile app market is white hot and only getting hotter. ( read original story ...)
Face biometrics giant Megvii approved for $925M IPO on Shanghai Star exchange
Megvii is the latest biometrics unicorn from China to move towards an IPO, with the Shanghai Stock Exchange accepting the facial recognition developers’ application for a 6 billion yuan roughly ... ( read original story ...)
China stocks end higher on banking, infrastructure boost
China stocks ended higher on Monday, underpinned by banking and infrastructure shares, as the country's central bank kept its key lending rate for corporate and household loans unchanged. ( read original story ...)
China Stock Market Draw A Red Light For Monday’s Trade
The China stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped almost 100 points or ... ( read original story ...)
RPT-FTSE Russell nudges China toward further market opening
FTSE Russell is in active talks with Chinese regulators about reform measures that could help increase the weighting of Chinese onshore shares in its global indexes, a senior executive told Reuters. ( read original story ...)
Top 10 global financial centers
Beijing and Shenzhen maintained their positions on the top 10 list, with rankings moving up one place, respectively. The GFCI has published biannual reports since 2007, charting the progress of ... ( read original story ...)
China’s Didi accelerates its IPO plans, targeting valuation above $62bn
The Didi Chuxing ride-hailing app is displayed on a smartphone in an arranged photograph in Shanghai. Didi is accelerating plans ... Based on a common 15% float for mega IPOs in Hong Kong, one ... ( read original story ...)