Shanghai on Tuesday appointed Gong Zheng as the city’s new mayor, who faces the challenge of reviving the city’s coronavirus-hit economy.The 60-year-old from Jiangsu was confirmed by the city’s ... ( read original story ...)
China’s Chipmaker Mania Grows With Cambricon Surging 350% on Debut
Chinese chipmakers have surged in the past year, boosted by Beijing’s support for self-sufficiency in semiconductors and as adoption of 5G and artificial intelligence prove resilient amid the pandemic ... ( read original story ...)
Markets end higher for fifth straight session; Sensex, Nifty surge 1.3% each
Power Grid, HDFC, ICICI Bank, Maruti among top gainers on Sensex.On the Nifty, 32 stocks advanced, while the rest declined ... ( read original story ...)
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New York
Ant Group, the Chinese tech and financial-services giant that owns mobile-payments network Alipay, said it is planning IPOs in Hong Kong and Shanghai, bypassing New York. The combined offering could ... ( read original story ...)
Alibaba extends its recent rally following Shanghai’s sharp rise
Chinese internet stocks are seeing strength, led by Alibaba ... and IPO process on the Hong Kong Stock Exchange and the Shanghai Exchange’s Science and Technology Innovation Board (STAR Market). ( read original story ...)
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong
Ant Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it ... ( read original story ...)
UK Seeking Help from Japan for Huawei Alternatives in 5G Networks, Says Nikkei
British officials met with their counterparts in Tokyo on Thursday, two days after Britain ordered Huawei equipment purged from its 5G networks by the end of 2027, the Nikkei said. As Britain prepares ... ( read original story ...)