Chinese investors are swapping their bets in equities for safe-haven money market funds (MMFs) as stock markets continue to be volatile on the back of concerns about domestic policy tightening and ... ( read original story ...)
Central bank pledges continued opening-up of financial industry
The People's Bank of China (PBOC), the central bank, said Monday that it will resolutely push forward the opening-up of the country's financial industry in a sound and orderly manner. Measures ... ( read original story ...)
Typhoon brings rains to coastal China, heads toward Shanghai
BEIJING (AP) - A typhoon brought high winds and heavy rains to China’s eastern coastal areas Tuesday and was headed toward the financial hub of Shanghai. China’s National Meteorological Center said ... ( read original story ...)
Typhoon Hagiput hits coastal China, headed toward Shanghai
A typhoon brought high winds and heavy rains to China's eastern coastal areas including the financial hub of Shanghai early Tuesday. China's National Meteorological Center said Typhoon Hagiput made ... ( read original story ...)
Typhoon brings heavy rain, winds to Shanghai, coastal China
A typhoon brought high winds and heavy rains to China's eastern coastal areas including the financial hub of Shanghai early Tuesday. China's National Meteorological Center said Typhoon Hagiput made ... ( read original story ...)
Apple hit with $1.4B lawsuit by Chinese AI firm over Siri technology
Shanghai Zhizhen Network Technology Co. -- also known as Xiao-i -- announced it is suing Apple for 10 billion yuan ($1.43 billion) in damages in Shanghai court after the Chinese company recently ... ( read original story ...)
Ant Group says it’s shooting for a record-breaking $30 billion IPO by October
Fintech behemoth Ant Group Co. will attempt the world’s largest ever IPO by raising $30 billion in Shanghai and Hong Kong, likely by October, Chinese media reported Monday. Ant is valued at roughly ... ( read original story ...)