Wall Street is ticking higher in early trading, on track for its first back-to-back gain in what’s been a miserable August ... ( read original story ...)
Qifu Technology Announces Second Quarter and Interim 2023 Unaudited Financial Results and Declares Semi-Annual Dividend
SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its ... ( read original story ...)
Latest US Firm Shrinks China Presence as Latham Closes in Shanghai
Latham’s closure of its Shanghai office marks the trend of American law firms scaling back their businesses in mainland China in recent months. ( read original story ...)
China Urged Buybacks at Star Board Companies as Market Tumbled
Chinese authorities encouraged companies listed on its Shanghai science and technology board to buy back their shares this week, people familiar with the matter said, another sign that China is taking ... ( read original story ...)
China Scuttles a $5.4 Billion Microchip Deal Led by U.S. Giant Intel
Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators. ( read original story ...)
Shanghai expands scope of virtual asset trading to become a ‘data industry innovation highland’ worth US$69 billion by 2025
Some 5,000 data products are expected to be listed on the Shanghai Data Exchange by 2025 These products are focused on major industries that include finance, logistics, technology and manufacturing ... ( read original story ...)
Shanghai Plans 5G Roll-Out for Marine Economy
Shanghai’s local government plans to provide oceanic coverage of 5G networks by 2024.China Daily reports that Shanghai will ... ( read original story ...)