Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. ( read original story ...)
Asian Stock Market: Shanghai dives as China inflation misses estimates, risk-off solidifies, oil juggles
The risk-off mood ahead of US inflation is keeping Asian indices on the tenterhooks. Softer-than-anticipated China inflation numbers have impacted Chinese equities heavily. Japanese investors are ... ( read original story ...)
Stock market today: 10 things to know before opening bell on February 10
SGX Nifty | Trends on SGX Nifty suggest a negative start for the broader market in India with a gain of 0.53 percent. Nifty futures were trading at 17,836 on the Singaporean exchange at 7:40 am. ( read original story ...)
JPMorgan Says Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-of-Stake Blockchain Average
March, will raise the blockchain’s staking ratio in the medium term, JPMorgan (JPM) said in a research report Wednesday. There is plenty of room for the 14% ratio to rise, the bank said, given that ... ( read original story ...)
Shanghai welcomes Most Beautiful Swiss Books China Tour
The Most Beautiful Swiss Books China Tour in Hangzhou, September 2022. [Photo provided to China Daily] The Most Beautiful Swiss Books China Tour will be on exhibit in Shanghai from February 10 to 13 ... ( read original story ...)
Hesai Group IPO prices atop its range for stock market debut
Hesai Group priced 10 million American depositary shares at $19 each in a bid to raise $190 million in its initial public offering on the Nasdaq on Thursday, as reported by IPOScoop.com. The Shanghai ... ( read original story ...)
Shanghai Bourse Probes AI Firms’ Stock Surge on Chatbot Fervor
Two listed Chinese artificial intelligence (AI) firms have clarified that their business is unrelated to ChatGPT and its developer U.S. startup OpenAI, after the fervor around the chatbot sent their ... ( read original story ...)