Nifty futures on the Singapore Exchange traded 98 points, or 0.56 per cent, lower at 17,438.50, signaling that Dalal Street was headed for a negative start on Friday. Nifty50 on Thursday snapped a ... ( read original story ...)
Antibody firm Remegen raises $410M in Shanghai IPO, but stock tumbles
Less than a year after winning approval in China for the first domestically developed antibody-drug conjugate (ADC), Remegen Co. Ltd. raised ¥2.6 billion (US$410 million) and picked up a listing on ... ( read original story ...)
Trapped Traders Skip Showers, Lose Sleep in Shanghai Lockdown
People rest in camping beds or sleeping bags in poorly ventilated conference rooms for a little bit of privacy, while others sleep by their desks. Some cover up surveillance cameras on trading floors ... ( read original story ...)
Volkswagen, Tesla Hit by Shanghai Covid Lockdown
Volkswagen and Tesla are among the companies hit by the lockdown in Shanghai, which one resident calls 'a ghost town.' A spokesperson for the German vehicle maker said the company will suspend ... ( read original story ...)
Tesla Stock Holds Gains Ahead of Q1 Deliveries, Extended Shanghai Gigafactory Shutdown
Tesla shares edged modestly higher Thursday even as reports suggest the clean-energy carmaker will likely extend the closure of its Shanghai gigafactory as China's biggest city remains on Covid ... ( read original story ...)
US$9bil IPO plans stalled amid Covid outbreak
SHANGHAI: More Chinese companies are halting domestic listing plans as the country’s biggest coronavirus outbreak in two years hampers due diligence and information gathering, affecting an estimated ... ( read original story ...)
China oil giant CNOOC plans share sale in April for Shanghai listing
CNOOC Ltd 0883.HK, China's top offshore oil and gas producer, said it plans to sell shares for a stock market listing in Shanghai next month. The Ho ... ( read original story ...)