HONG KONG: China's Tesla is betting on hot-wired dreams for a U.S. IPO. Based in Shanghai and focused on the mainland market, electric car maker Nio aims to raise up to $1.8 billion in a New York list... ( read original story ...)
A unicorn’s IPO filing offers a glimpse into the health of Chinese EV startups
And now an IPO filing from one of the most high-profile unicorns is finally providing a window into the state of Chinese EV startups. NIO, a four-year-old Shanghai-based EV firm, on Monday (Aug. 13) f... ( read original story ...)
Shanghai steel hits 6-year high despite record Chinese output
Shanghai rebar steel futures climbed to their strongest in more than six years on Tuesday as firm demand countered data showing output in China rose to a record in July despite government-led curbs ai... ( read original story ...)
Shanghai Stock Exchange Adjusted Market-Closing Trading Mechanism To Come Into Effect On Aug. 20
To further maintain the price stability at the market closing stage, the Shanghai Stock Exchange (SSE) has adjusted the market-closing trading mechanism to adopt the call auction for the 3-minute mark... ( read original story ...)
China should learn from India’s mature stock market: experts
For example, the Indian stock market allows the free flow of capital and most important ... at the depth of the global financial crisis. The Shanghai Composite Index was 2,794.38 points on Thursday, u... ( read original story ...)
Rally May Stall For China Stock Market
The China stock market has climbed higher in two straight sessions, picking up more than 50 points or 1.9 percent along the way. The Shanghai Composite Index remains just beneath the 2,800-point plate... ( read original story ...)
China Stock Market May Extend Monday’s Losses
The China stock market on Monday snapped the two-day winning streak in which it had gained more than 50 points or 1.9 percent. The Shanghai Composite Index now rests just above the 2,785-point plateau ... ( read original story ...)