Porsche has unveiled the new Macan in Shanghai. The new Macan stays true to the Porsche design DNA with a three-dimensional LED taillight strip. LED technology also features in the headlights as stand... ( read original story ...)
China shares lower at close of trade; Shanghai Composite down 0.71%
Declining stocks outnumbered rising ones by 728 to 648 and 46 ended unchanged on the Shanghai Stock Exchange. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite ... ( read original story ...)
Ex-Google Engineer Huang Catapulted to 100 Richest by PDD’s IPO
At PDD, his Shanghai-based firm won the backing of Sequoia Capital and social networking giant Tencent Holdings Ltd. Globally, Chinese companies accounted for 28 percent of the $114 billion raised by ... ( read original story ...)
The Groupon of China Is Going Public—and It’s More Expensive Than Alibaba, Snap, or Facebook’s IPO
Investors seem convinced in the Shanghai-based company’s ability to continue its ... Pinduoduo is a more expensive stock than Snapchat maker Snap Inc. was in the hours following its IPO, as well as Al... ( read original story ...)
After Executive Vanishes, Investors Turn to Custodian Bank
A group of investors believes a Shanghai bank could help get their money back. The investors, all of whom bought wealth management products (WMPs) linked to a company whose chairman disappeared a mont... ( read original story ...)
Trump trade war: U.S. stock market is faring better than China’s since dispute began
But if you're using the stock market as a measure of whose winning the trade dispute ... is up 6.5 percent this year through Wednesday's close. China's Shanghai composite is down more than 12 percent ... ( read original story ...)
China Said to Ease Bank Capital Rule to Free Up More Lending
Banking shares gained in Shanghai and Hong Kong trading, with Bank of Ningbo Co. up 2.4 percent and Bank of Shanghai up 1.7 percent as of 9:36 a.m. The benchmark Shanghai Composite Index gained 0.2 pe... ( read original story ...)