SHANGHAI: China’s current interest rates are “reasonable” and provide room for future policy action, the People’s Bank of China (PBoC) says, adding to expectations it may resume lowering rates in ... ( read original story ...)
Top Chinese-Australian scientists join new-energy research push at Shanghai university
Dou Shixue and Liu Huakun will boost the city’s efforts to become a science and tech innovation centre, USST president says. ( read original story ...)
Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects
After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong ... ( read original story ...)
Smart mask could be an early warning system to prevent outbreaks of respiratory diseases
Chinese team develops wearable bioelectric mask that can sniff out diseases such as Covid-19 and influenza Experts say device could be modified to detect new pathogens in future outbreaks A team of ... ( read original story ...)
End of Hong Kong quarantines a catalyst for stock rebound after US$1.2 trillion market rout, analysts say
Money manager Invesco and China Construction Bank’s investment banking unit predict a ‘meaningful’ and ‘sustainable’ recovery for the Hang Seng Index, which has tumbled 21 per cent this year. ( read original story ...)
China’s PBC injects 21b yuan into market through reverse repos to ensure stable liquidity
The People's Bank of China (PBC), the country's central bank, on Wednesday conducted reverse repurchase operations to inject a total of 21 billion yuan ($2.98 billion) into the market, in a bid to ... ( read original story ...)
Instacart plans to fund its $24bn IPO by selling employee shares
Grocery delivery app Instacart doesn’t intend to raise much capital through new shares when it goes public. Instead it will focus on selling employee shares. Instacart slashed its valuation by 40% to ... ( read original story ...)